Financial Education – A vital key to financial wellness

Jaime Ochs, March 3, 2020

Money touches all aspects of our life – from buying lunch for the day to making investment decisions for post-career dreams. Understanding how to manage debt, grow savings and spend smartly can not only improve individuals’ financial health but also be the difference in achieving or falling short of financial goals.

Yet, many Americans are puzzled as to where to go to learn the basics of building a healthy financial life.

At Hancock Whitney, we believe that real banking extends beyond the transactions that occur within our walls, to empowering individuals to take financial health into their own hands. Since the 1800s, we've helped people across the Gulf South build financial success by educating clients on ways to protect and grow their hard-earned money. Our Hancock Whitney Financial Cents for Adults initiative is just one more example of supporting our clients and communities on their way to achieving their dreams.

 

Financial Cents for Adults

Hancock Whitney Financial Cents for Adults is free, online financial education that helps adults manage their money more effectively, make decisions that strengthen their financial fitness and gain knowledge across an array of financial topics. Specifically designed for busy lifestyles, the program includes more than 20 on-demand courses that take 3-5 minutes to complete. The program also offers customized lesson plans to help learners reach their individual financial goals.

The mobile and tablet friendly program offers a way to increase knowledge and skill about financial concepts such as mortgages, credit scores, identity protection, financing higher education and more.

 

By the numbers

Studies show that financial education fosters financial stability for individuals and for entire communities. The more people know about personal financial management, the more likely they are to increase savings, buy homes and improve their overall financial health and well-being.

Our partners at EverFi, a pioneer in producing educational content to enhance financial capability, share some startling statistics about Americans' personal finance landscape.

Check out the full infographic. 

Infographic Snip

 

 

When you’re ready to build momentum toward your own financial wellness, consider taking advantage of Hancock Whitney Financial Cents for Adults.