National Financial Literacy Month
April 1, 2020 by Chevron Federal Credit Union
In 2004, the U.S.Congress designated April as National Financial Literacy Month. Our goal this April is to raise awareness about the importance of financial literacy education, especially now with the economic uncertainties caused by the Coronavirus (COVID-19). We want you to remain healthy – both physically and financially – during these trying times.
Why is Financial Literacy Important?
Financial literacy is key to understanding how to save, earn, borrow, invest, and protect your money wisely. It is also essential to developing short- and long-term financial habits and skills that lead to greater financial well-being.
Research shows that your overall health and wellbeing is directly correlated to your financial health and wellbeing.
With that in mind, we also know that the Financial Health Network believes that only 28% of Americans are “Financially Healthy”.
What Will We Be Focusing On?
Throughout the month of April, we will be discussing topics that are relevant to your financial health today. We understand that many of us are looking for financial guidance and ways to make it through our current financial situation, so our blogs this month with focus on the following:
- Taxes this year
- Overcoming debt stress
- Raising money smart kids
- Meal plan tools for healthy savings
- Ensuring your kids stay debt free
- Getting off of paycheck to paycheck
So follow along this April as we celebrate National Financial Literacy Month. It is our hope that the education we will provide will help you learn and grow not only this month, but for many more to come.