FRAUDULENT CALL ALERT! CapEd has been made aware that members are receiving calls that appear to be from CapEd claiming to need personal information to resolve fraud on a debit card. CapEd will never call you and request social security numbers or full card numbers over the phone. If you are concerned about a call you've received, please reach out using the Let's Talk live chat button or call 800-223-7283. You can also review our Safety & Security measures here.
FRAUDULENT CALL ALERT! CapEd has been made aware that members are receiving calls that appear to be from CapEd claiming to need personal information...
Elevate Your Financial Savvy This Financial Literacy Month!
April is here and so is Financial Literacy Month! This month is all about empowering you with the knowledge and skills to manage your finances effectively. At CapEd Credit Union, we believe that financial literacy is the key to achieving your dreams, whether that’s buying a home, planning for retirement, or simply feeling more confident about your everyday spending.
What Is Financial Literacy Month?
Financial Literacy Month has been celebrated since 2004, with the goal of raising awareness about the importance of financial education. This initiative encourages individuals from all walks of life to take charge of their financial futures by understanding essential concepts such as budgeting, saving, investing, and managing debt.
Why Does Financial Literacy Matter?
Understanding your finances doesn’t have to be scary. In fact, it can be quite fun! When you have a solid grasp of financial principles, you can make informed decisions that positively impact your life. Here are just a few reasons why financial literacy is essential:
- Empowerment: Knowledge gives you the power to make choices that align with your goals.
- Stress Reduction: Knowing how to manage your money effectively can reduce anxiety and stress.
- Better Financial Decisions: Equipped with the right information, you’ll be able to make choices that build wealth and security.
- Future Planning: Financial literacy helps you set realistic goals for the future, whether it’s going on a dream vacation or saving for your child's college education.
Tips for Building Your Financial Literacy Strength
Here are some easy ways to kickstart your financial literacy journey this April:
- Set Clear Financial Goals: Write down what you want to achieve financially this year, whether it's paying off debt, increasing your savings, or investing in your future.
- Create a Budget: Take control of your spending by tracking your income and expenses. There are plenty of tools available that can help you keep everything organized.
- Educate Yourself: The more you learn, the better choices you can make. From books to online courses, there’s a wealth of information out there!
Take advantage of all the tools built into our online banking like free Credit Score monitoring. Track your score, learn how to improve it and even see how opening or closing loans can affect your score!
Resources We Offer
At CapEd, we are here to support you on your financial literacy journey! Here are some fantastic resources you won't want to miss:
- Educational Videos: Check out our library of engaging videos covering various topics, from budgeting basics to investment strategies. These videos break down complex concepts into easy-to-understand lessons!
- Financial Education Specialist: Have questions? Our Financial Education Specialist is here to help! Schedule a session to discuss your financial goals and learn how you can achieve them!
Join Us This Month!
Let’s make Financial Literacy Month a time for growth and learning! Whether you’re looking to enhance your knowledge or assist someone else in their financial journey, now is the perfect opportunity. Together, we can build a financially savvy community that supports each other in achieving our goals.
