Financial Literacy

Being financially literate can help you develop your money management skills. It is helpful for consumers to focus on these five areas:

1. Budgeting
2. Building and improving credit
3. Saving
4. Borrowing and repaying debt
5. Investing

Below are some of our favorite resources. By clicking on the external links, you will be taken outside of the www.bankoftescott.com website.

ABLE Accounts

Learn about ABLE accounts which are tax-advantaged savings accounts for eligible individuals with disabilities.

AnnualCreditReport.com

Request your free credit reports on this site. You are entitled to one free credit report from each of the three nationwide credit reporting agencies every 12 months. You don't need to request all three at the same time. You may want to request a different one every four months. Visit AnnualCreditReport.com for the latest information.

Auto Loans

Resources on this site can help you learn how to get the auto loan that’s right for you.

Buying & Owning a Car

Review tips on buying versus leasing a vehicle, negotiating the best deal, financing, getting the most out of warranties and service contracts, using gas efficiently, and avoiding repossession.

Choosing a Vocational School

Learn about vocational and correspondence schools.

Federal Student Aid

Visit this site for more information on federal student loans. You can also use the U.S. Department of Education’s myStudentAid mobile app.

Free Application for Federal Student Aid (FAFSA)

Visit this site to complete the FAFSA to be considered for federal student loans, federal work study programs, or federal grants to help you pay for higher education. You can also use the U.S. Department of Education’s myStudentAid mobile app.

Occupational Outlook Handbook

This online handbook provides profiles on over 300 occupations, including qualifications, pay, and future job outlook.

Paying for College

This site provides resources to help you make informed financial decisions about paying for college.

Public Service Loan Forgiveness Program Waivers

Visit this site to learn about changes to the Public Service Loan Forgiveness Program.

Saving For Education - 529 Plans

Learn how you can use a 529 plan (tax-advantaged savings) to help save money for education.

Securing Your Financial Future: A Toolkit for Individuals with Disabilities

We all need clear and accurate information to secure our financial well-being. This toolkit from the Department of Labor provides a path forward, based on where you are in your employment journey. There are five topic areas. Each one answers important questions to help you meet your financial goals.

Submit a Complaint

If you aren’t able to resolve a problem with a financial product or service, you can use this site to submit a complaint to the Consumer Financial Protection Bureau (CFPB).

Your Education After High School

Learn about education options for after high school, what you need to know, and what you can do to get started.

Check out these blog posts for the information needed to acheive financial freedom.