Sarma Charitable Foundation and Habitat For Humanity of San Antonio Partner on Financial Literacy Outreach
Today Sarma Charitable Foundation’s Magali Sanchez worked with Habitat for Humanity student Interns on the importance financial awareness and how it can improve your independence from the use of credit cards and loans.
KEY TAKEAWAYS
- Financial literacy is the ability to understand and make use of a variety of financial skills.
- Those with higher levels of financial literacy are more likely to spend less income, create an emergency fund, and open a retirement account than those with lower levels.
- Some of the basics of financial literacy and its practical application in everyday life include banking, budgeting, handling debt and credit, and investing.
Headquartered in San Antonio, TX, Sarma has been providing multiple services since 1907, including mortgage lenders credit services, third-party collections, employment, and tenant screening.
To date SCF has awarded over $1.2 million dollars to Non-Profits, HS Schools, Universities and Communities throughout Texas and Florida.