Financial Literacy Month in April highlights the importance of understanding financial concepts such as budgeting, debt management, and investing. Minnesota recently mandated personal finance as a high school graduation requirement, a positive step towards addressing financial illiteracy. However, a significant portion of Americans still lack basic financial knowledge.
To contribute during Financial Literacy Month, individuals can lead by example by sharing financial insights with peers, family, and friends. Building personal financial resilience is crucial, involving steps like budgeting, establishing an emergency fund, and tracking credit. Working with a financial professional may be beneficial for complex financial situations. Additionally, supporting organisations focused on financial literacy through volunteering or donations can make a significant impact. By collectively promoting financial literacy, we empower individuals and strengthen society as a whole.
https://www.affiancefinancial.com/news/three-tips-making-impact-financial-literacy-month
