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.¬†Financial Literacy Month evolved from Youth¬†Financial Literacy Day, introduced by the National Endowment for Financial Education (NEFE) more than a decade ago as an activity of its High School Financial Planning Program. NEFE turned Financial Literacy Day over to the Jump$tart Coalition to promote among its network of national partners and state coalitions. Jump$tart expanded the day and in 2000, began promoting April as Financial Literacy for Youth 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, and both Houses of Congress have passed similar resolutions each year since then.
Navy Federal Credit Union offers unique ways to save and helps teach healthy financial habits from an early age with their “Financial Superstar” tips. Struggling with the overwhelming costs of being a parent? ¬†NFCU’s Tips for Frugal Parenting is a life-saver article to help you save and spend wisely.
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