Financial Literacy Month

National Financial Literacy Month is recognized in the United States in April in an effort to highlight the importance of financial literacy and teach Americans how to establish and maintain healthy financial habits.

In 2000, The National Endowment for Financial Education introduced Youth Financial Literacy Day and turned it over to the Jump$tart Coalition for Personal Financial Literacy so that the event would not promote any one organization and instead focus on financial literacy as a whole. The Jump$tart Coalition and it's approximately 150 partners expanded the event to a month.

In 2003, the United States Senate designated April as Financial Literacy for Youth Month. In March 2004 the Senate passed Resolution 316 that officially recognized April as National Financial Literacy Month.

Many of the country’s financial institutions and nonprofit financial educational organizations promote the month by holding promotional events and creating educational materials that center around effectively handling money and dealing with debt.

Money Management International, a nonprofit credit and debt counseling firm, created a microsite to support the mission of National Financial Literacy Month, with a step by step process for improving financial wellness.

In 2003 the United States Congress showed its support for the idea of a financial literacy month. Senate Resolution 48 and House Resolution 127 asked President George W. Bush to declare April Financial Literacy for Youth Month. At that time, governors of eight states had already named the month of April as such. April was named National Financial Literacy Month by the passing of Senate Resolution 316 with unanimous consent.

In April 2005, the United States House of Representatives passed a bill supporting the goals and ideals of Financial Literacy Month. This bill, and the resolution passed by the Senate, called on President Bush to issue a proclamation calling on Federal Government, States, localities, schools, nonprofit organizations business and the people of the United States to observe the month with appropriate programs and activities. During his term in office, President Bush did not issue a proclamation.

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