Topic: Loans and borrowing How to manage and repay debt August 12, 2026
Financial empowerment
Manage your money for long-term financial well-being.
What is financial empowerment?
Financial empowerment is your ability to adopt lasting financial habits. It requires understanding the basic concepts and using the right skills and approach to make informed financial decisions.
Building your financial independence gives you the tools to manage your day-to-day finances and achieve your goals.
Financial education
Discover our educational resources to better understand basic financial concepts and improve your financial literacy.
Support with financial difficulties
Managing your money can be difficult in today’s economy. We’re here to help you find solutions that work for you.
Why does financial empowerment matter?
Taking charge of your finances helps you:
- Achieve your goals
- Build an emergency fund
- Reduce financial stress
- Scale back on non-essential expenses
- Protect yourself from financial fraud
Take steps toward financial empowerment
The more you experience positive financial outcomes, such as paying off debt or saving enough to finally making that big purchase, the more comfortable you’ll feel about managing your money. It also gets easier to make smart money choices and develop solid habits.
Build a sensible budget
A budget helps you see where your money is going and whether you have room for other spending or goals. Make a list of your income and expenses to start.
Use our Budget planner to help you account for everything.
Define your goals
Think about your goals and what you need to achieve them.
Next steps
- Decide on the lifestyle you want
- Set your savings goals, such as travel, buying a home or going back to school
- List potential barriers and solutions
- Consider where you can adjust your spending
Make a savings plan
Saving requires an action plan. Use the My savings goals tool online or in the app.
We’re here to help you determine which solution is right for you and your goals. Feel free to reach out.
Manage your debt
Managing your debt and choosing the right payment plan can help reduce financial stress. Start by making a list of your debts. Specify the interest rate, minimum monthly payment and due date for each. Decide which debt you want to pay off first.
Create an action plan using the Manage debt tool in our mobile and online services.
Let us help
We’re here for you. Together, we can examine your needs, provide resources on issues such as financial abuse and help you plan your financial future.
We can help you
- Assess your needs and financial goals
- Answer your questions and explore options available to you
- Find solutions if you’re in a vulnerable situation or facing financial difficulties
- Make informed financing, insurance and savings decisions
- Work toward your long-term goals
Ways to improve your financial empowerment
Publications 1 to 2 of 2
- Topic: Personal finance Understanding and overcoming financial stress March 18, 2026
Our commitment to financial inclusion
Financial inclusion gives everyone equal access to useful, affordable financial products and services tailored to their specific needs.
We’re working with the United Nations External link. to foster financial inclusion for our members and clients by 2030. We’ve set 3 goals to support their financial empowerment.
Financial resilience
Handle a loss of income without further financial strain.
Managing day-to-day finances
Meet financial obligations on time.
Financial confidence
Make money decisions with confidence.