Aspire recognizes the importance of financial education, particularly for people with little or no banking experience. Financial education fosters financial stability for individuals and for entire communities. The more people know about credit and banking services, the more likely they are to increase savings, buy homes, and improve their financial health and well being.Financial literacy is the ability to understand basic financial topics including earning, spending, budgeting, saving, borrowing and investing money. Financial literacy, achieved through financial education, can enable a person to make more informed financial decisions. Individuals receive financial education through a wide variety of formal and informal methods including online resources, consultation with professional financial advisors, workshops, family members and friends. Therefore it is more critical than ever for formal providers of financial education to ensure that consumers are getting the financial literacy skills they need to cut through the clutter of information on financial products and services, and learn how to make the right financial choices for themselves and their families. | 
