Colleen C. Davis
State Treasurer

Financial Literacy

We’re here to help! 

Encouraging people to create an effective savings plan is a perfect match for our office’s priorities of bolstering retirement security and readiness, creating pathways to economic empowerment, and promoting a culture of financial excellence for all Delawareans.


Financial Literacy Piggy Bank animation

What Does It Mean to Have Financial Literacy Skills?

Financial literacy skills means having the confidence, knowledge, and skills needed to make financial decisions that promote financial self-sufficiency, stability, and well-being. These skills include the ability to effectively locate, evaluate, and use information, resources, and services and to make informed decisions about financial obligations, budgeting, credit, debt, and planning for the future.


Saving for Unexpected Expenses

For years we’ve been warned to save for the emergency that’s just around the corner. While the phrases “emergency savings” and “rainy day funds” are commonly used, both presume that emergencies are bad — and that’s not entirely true. Sometimes the unexpected is a fun OPPORTUNITY, not a disaster.


Emergency Fund Graphic
Less than half of Americans have savings to cover a $1,000 surprise expense

Having emergency savings helps protect you when unexpected expenses arise so you can face them without needing to rely on credit cards or high-interest loans. Four Tips for Building an Emergency Fund

Saving for the unexpected doesn’t only mean bad things or emergencies. Learn how to Save for the “Good.”



Retirement Security Resources

There is no specific dollar amount or even a percentage of working salary that you will need to live comfortably in retirement but all experts agree that saving for retirement now is the key to living comfortably later.


Retirement Plan Graphic
Delaware Expanding Access for Retirement and Necessary Savings (EARNS) Program

Six Steps to Jumpstart Your Retirement Journey

America’s New Retirement Reality



Delaware Sponsored Savings Programs

The State of Delaware offers a low cost 529(a) savings plan – DEPENDABLE – that allows individuals with disabilities and their families to save for a broad range of expenses on a tax-advantaged basis without jeopardizing their benefits from supplemental security income (SSI), Medicaid and other state and federal programs.


The DE529 Education Savings Plan is sponsored by the State of Delaware and managed by Fidelity Investments. The Plan provides tax-advantaged accounts designed to help parents, grandparents and others pay for higher education expenses.

DE529 Logo


Additional Resources


Financial Literacy Graphic

How Does Financial Stress Impact You

Use this Financial Wellness Worksheet to evaluate your current income and spending practices and to identify areas for improvement on your financial wellness journey.

Why is Budgeting Important?

Save Automatically: Pay Yourself First and Watch Your Money Grow.

Save for the Family