Financial Well-Being Resources
RESOURCES
With the growing importance of digital financial literacy, various resources are available for consumers to learn financial concepts and make more informed decisions about their finances. From educational platforms to hands-on tools, these resources offer accessible ways to enhance financial skills, whether it's through self-paced learning or real-time insights into credit and financial health.
Khan Academy
By leaning into online platforms for learning, financial educators can meet consumers where they are. Capital One has a partnership with Khan Academy, a leading online educational platform, to deliver financial education content to consumers online. All of the training is free, and available online and through mobile.
Dress for Success
Capital One’s partnership with Dress for Success helps equip women with the tools and resources they need to achieve economic independence, including financial literacy training and career support. By providing workshops focused on money management and financial planning, this collaboration plays a key role in empowering women to build financial confidence and navigate their financial futures in a digital world.
CreditWise from Capital One
CreditWise provides users with regular updates on their credit score, offering personalized insights and tips for improving credit health. As Chapter 2 highlighted, over 40% of consumers with lower rates of financial literacy report learning so they can improve their credit. CreditWise helps bridge the gap by offering easy-to-understand tools that empower users to take control of their credit and make informed decisions about their financial future.
Capital One Cafés
Capital One Cafés provide a welcoming space for all consumers (even those that do not bank with Capital One) to explore their finances in a supportive, community-focused environment. The report notes that some consumers use their bank’s branch for learning financial concepts and tips. Capital One Cafés meet this need by offering free financial coaching sessions, workshops, and access to digital resources, thereby helping consumers - particularly those with low digital financial literacy - build financial confidence and skills.
The Money & Life Program
Capital One’s Money & Life Program offers personalized financial coaching to help individuals align their financial goals with their broader life aspirations. By focusing on both short-term budgeting and long-term planning, the program empowers participants to make informed financial decisions. This approach is especially valuable for those looking to improve their digital financial literacy, providing tailored guidance that bridges the gap between financial knowledge and everyday life choices.
There are many resources available, but it's important to focus on those that are trusted and designed to provide reliable financial education. These tools are just a few examples that can help consumers take control of their financial decisions in a world of instant access and abundant information.
