Financial Education is one of the most important things that a person can ever learn. Somehow, in schools, it isn't taught anymore, but People Trust is stands in the gap to give our customers the value of that type of literacy. Credit and debt management knowledge is important and necessary in order to navigate in a world that increasingly depends on it. Debt management and the knowledge that is necessary to make financially responsible decisions – decisions that are integral to our everyday lives. Financial education includes understanding what using a credit card really means, how a checking account works, and how to avoid debt. Financial education impacts the daily issues an average family makes when trying to balance a budget, buy a home, and try to fund your children’s education and ensure an income at retirement.
A lack of financial education is not a problem that only plagues those that are unbanked or underbanked, it can also plague well educated people who haven't had the time nor inclination to gain it.
The level of financial literacy varies according to education and income levels, but evidence shows that highly educated consumers with high incomes can be just as ignorant about financial issues as less-educated, lower-income consumers (though in general, the later do tend to be less financially literate). And it seems consumers are hesitant to learn.
While it may not always be what we want to learn, People Trust is committed to educating the consumers who have a desire to learn.
Technical assistance is non-financial assistance provided by local or international specialists. It can take the form of sharing information and expertise, instruction, skills training, transmission of working knowledge, and consulting services and may also involve the transfer of technical data.
Small business technical assistance encompasses diverse topical areas that can serve a range of business sizes and needs. Business sizes include micro businesses, start ups, and small business expansion. Services can include assistance in areas such as marketing, management, finance and strategic planning.
Business technical assistance efforts develop sustainable and financially stronger business enterprises. These enterprises create jobs and generate income and investment in communities while attracting and retaining needed community goods and services.
Most business can benefit from technical assistance, but the predominant small business needs to survive, and grow is its ability to access capital. Most technical assistance efforts assist businesses by helping them obtain financing for operations or for larger or new facilities..