Financial Capability Strategy

A Financial Capability Strategy is a plan designed to help individuals improve their understanding and skills related to managing money effectively. It aims to empower people to make informed financial decisions, such as budgeting, saving, investing, and planning for the future. By focusing on education and practical tools, this strategy helps promote financial stability and confidence, enabling individuals to better handle unexpected expenses and achieve their financial goals. In essence, it’s about building the knowledge and habits necessary for healthy financial well-being throughout life.