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04/16/2024 06:12 PM
Pennsylvania State Senate
https://www.legis.state.pa.us/cfdocs/Legis/CSM/showMemoPublic.cfm?chamber=S&SPick=20210&cosponId=37137
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Senate of Pennsylvania
Session of 2021 - 2022 Regular Session

MEMORANDUM

Posted: March 31, 2022 02:34 PM
From: Senator Bob Mensch
To: All Senate members
Subject: Designating April as Financial Literacy Month
 
In the near future, I will be introducing a resolution to designate April 2022 as “Financial Literacy Month” in the Commonwealth.

Every year, Financial Literacy Month is celebrated in April. Financial Literacy Month was first recognized in the United States in April 2004 to highlight the importance of being financially literate and to encourage individuals learn about the ways and techniques that can help them in becoming financially smart.

Financial Literacy Month originated from Youth Literacy Day, which came into existence through the National Endowment for Financial Education (NEFE). In 2003, Congress showed great support for this designation after both the United States Senate and House of Representatives passed resolutions requesting President George. W Bush to declare April as Financial Literacy Month.

Later on, The United States House of Representatives passed a bill that supported the goals of Financial Literacy Month. The bill also asked the President to order the implementation of this month to the Federal Government, schools, localities, and non-profit organizations. It is said that the foundation of a bright future is to develop a budget and increase your financial knowledge.

Please join me in co-sponsoring this important resolution to promote financial literacy in our Commonwealth by designating April 2022 as “Financial Literacy Month” in Pennsylvania. If you have any questions, please call David Kozak in my office at 717-787-3110.



Introduced as SR270