Bill > HRes292

This resolution supports the goals and ideals of "Financial Literacy Month" by highlighting significant financial challenges facing Americans, including high rates of unbanked households, limited financial education, and widespread financial instability. The resolution notes that according to various studies, only 42% of adults have a budget, 32% cannot cover a $400 emergency expense, and only 35 states require personal finance courses for high school graduation. Recognizing that financial literacy is crucial for individual and economic well-being, the resolution calls on the Federal Government, states, localities, schools, nonprofit organizations, businesses, and citizens to observe Financial Literacy Month through programs and activities designed to raise awareness about the importance of personal financial education and the potential serious consequences of financial illiteracy. The underlying goal is to empower individuals to make wise financial decisions, manage money and debt effectively, and contribute to economic growth by understanding financial markets and institutions.

Government Affairs

https://www.congress.gov/bill/119th-congress/house-resolution/292/all-info