27 March 2014
April is National Financial Literacy Month!
"It is not good for the soul to be without knowledge…"
In response to multiple US senators taking a stand to assist in raising public aware ness about the serious consequences associated with a lack of understanding about personal finances, Senate Resolution 316 was passed in March 2004. From that point forward goals and actions geared toward educating individuals on the many areas of personal finances were taken. At that time, key focus areas were to help us as Americans improve our understanding of financial issues such as credit management, savings and home ownership.
We now have a Congressionally chartered Federal Financial Literacy and Education Commission. this commission is made up of more than 20 Federal entities that are coordinating and collaborating to strengthen financial capability and increase access to financial services for all Americans.
I'm energized about the number of resources available to anyone that has a desire to increase their financial understanding. If you're starting at square one and getting committed to managing your personal spending and saving there are resources that can help to instruct, motivate and encourage. Need to get info on retirement planning? There's a wealth of info available to you. If credit management is your focus there is no shortage of info in this area either!
Throughout the month I will share with you information across the multiple areas of financial management. In addition to sharing the tactical advice, I will share the applicable biblical principles along with links to informational sites that are sponsored by the Federal Financial Literacy and Education Commission.
What is your task during National Financial Literacy Month?
Each of us should plan to get refresh or extend our knowledge in an area of finances each week. This could equate to spending 30 minutes a week reading your Money reVerse blog posts (I'm committing to posting weekly - there I said it!!) and accessing additional information that I will be providing.
Each of us should plan to get refresh or extend our knowledge in an area of finances each week. This could equate to spending 30 minutes a week reading your Money reVerse blog posts (I'm committing to posting weekly - there I said it!!) and accessing additional information that I will be providing.
Happy Financial Literacy Month! More to come!!
"It is not good for the soul to be without knowledge…"
Proverbs 19:2 NKJV
Carolyn