Financial Literacy is the ability to use knowledge and skills to manage financial resources effectively for a lifetime of financial well-being. Smart financial management includes a few basic good habits such as budgeting effectively and borrowing wisely.
Budgeting is an important component of managing your finances. A budget gives you the ability to make informed spending decisions without guessing. It is a way to help you understand what money comes in, what money goes out and where your money is going.
The links below are not managed by Minnesota West, but are provided as helpful resources for budgeting and money management.