Career Learning for Adult Self-Sufficiency (CLASS)

National Financial Literacy Month

Posted by Maisha Meminger - On April 16, 2014 (EST)

National Financial Literacy Month

Survey data from the just published “Financial Capability of Young Adults – A Generational View” study illustrates that millennials have very low levels of financial literacy. Only 18% of millennials, ages 18 to 26, were able to answer 4 or more questions on a basic financial concepts 5-question quiz.

The United States recognizes April as National Financial Literacy Month “to raise public awareness about the importance of financial education in the U.S. and the consequences that may result from a lack of understanding about personal finances.” Government at all levels is called on to join with private organizations and U.S. citizens to support the goals and ideals of Financial Literacy Month with programs and activities.

To celebrate the month the Division of Youth Services is hosting a webinar on April 9, “What’s in Your Piggy Bank? Motivating Young First Trained Workers to Save. ” You can register or view it at a later date by clicking on this link.

Here are some additional resources to help you and the youth in your programs.

?         Financial Literacy Money Workshop - free workshops and tips offered by the National Financial Educators Council

?         Financial Literacy - Money Management International’s microsite features a 30 step path to financial wellness. The site also provides the FLM Toolkit which includes a customizable news release, ebooks, downloadable poster and facts about the importance of financial literacy. Other helpful tools and tips may also be found online throughout Financial Literacy Month by visiting Money Management International on Facebook, @moneymanagement on Twitter, and on MMI’s YouTube channel.

?         Other financial education resources can be found at or call the toll free hotline at 1-800 MyMoney for information on financial literacy topics.


What are you doing with the youth in your program to support National Financial Literacy Month?

We look forward to hearing from you!

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Modified On : April 16, 2014
Type : Post
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