The Importance of Financial Literacy and Housing

April 11, 2025 | by Anna Orendain

Categories: Home Buyer Education, Housing Counseling

April is National Financial Literacy Month, so we thought we'd take a moment to highlight its importance (especially for anyone who's interested in purchasing a home).

On a basic level, financial literacy can be defined as an understanding of financial concepts as it applies to managing your money. And while financial literacy isn't the only factor that determines your financial health, being knowledgeable in a variety of money-related topics (such as saving, investing, credit, and debt) often helps consumers better navigate their finances.

Financial Literacy Resources for Consumers

At TSAHC, we know that personalized, unbiased advice on how to get your finances in order can be extremely helpful when families and individuals are trying to build or repair credit. That's why we put together our Texas Financial Toolbox site, which features easy-to-use search tools that help consumers find nonprofits that provide home buyer education, financial and credit counseling, and foreclosure prevention counseling.

For general help with learning how to create and maintain a budget, we'd recommend Consumer.gov's Make a Budget site as well as this NerdWallet list of recommended budgeting apps to get you started.

Financial Literacy Resources for Housing and Financial Counselors

For the readers who are part of our network of nonprofit counselors that work with Texans on a day-to-day basis, we have a special Financial Literacy Month celebration planned for you!

We invite you to join us on Tuesday, April 29th at 12 PM CT to learn more about empowering your clients by building their financial fitness. Learn more about this upcoming installment of our Housing Connection webinar series here.

Register Here for the Webinar

If you haven't heard of our Housing Connection webinars, it's a series of short, informational trainings targeted towards nonprofits. Recordings and slide decks from past trainings on various topics such as disaster recovery, nonprofit capacity building, property management and compliance, and more can all be found here.


On the House blog posts are meant to provide general information on various housing-related issues, research and programs. We are not liable for any errors or inaccuracies in the information provided by blog sources. Furthermore, this blog is not legal advice and should not be used as a substitute for legal advice from a licensed professional attorney.

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