CAPITAL AREA ASSET BUILDING

Financial education - caab provides credit counseling sessions, and sponsors seminars and workshops on a wide range of financial topics such as: setting financial goals, developing and managing a spending plan, choosing financial products and services, understanding credit, managing debt, saving for college, understanding the basics of investing, and saving for retirement. Caab requires that ida enrollees complete the money management 101 curriculum before matriculating into the matched savings program. Caab believes this will increase savings participation and rentention rates, as well as better inform savers on the usage of their assets.