There is no way people will live dignified lives without experiencing financial freedom through financial literacy. Financial literacy is the knowledge and skills required to make informed financial decisions, including budgeting, saving, investing, borrowing, and managing debt. We have trained farm workers on different strategies promoting financial literacy which include education, early start, practical application, customized resources, access to information, one-on-one counseling, financial inclusion, behavioral economics, continuing education, and partnerships.
Education programs have covered key financial concepts, while early start covers instilling good money habits. Practical application involves hands-on learning, tracking expenses, and making informed decisions. Access to reliable information and one-on-one counseling can help individuals assess their financial situation and develop personalized plans. Behavioral economics insights can be used to encourage positive financial behaviors. Continuing education focuses on areas like investing, retirement planning, estate planning, and tax management.