Financial Literacy Awareness Month

Financial Literacy Month kicked off on April 1, 2021, a nationally recognized campaign to bring awareness to the need for more financial education in schools and for adults.

The Wealth Club®, through its Wealth Literacy Initiative started the month with thunderous applause completing its three-part series “Pandemic Proofing Your Wealth” with parents of the Washington School For Girls in Southeast Washington DC, and “A Taste of Wealth Literacy workshop for high school students at the Oneness Family School in Chevy Chase, Maryland.

Both the adult and adolescent audiences learned useful skills for people facing real challenges during the COVID19 pandemic, including:

• how to determine wants vs. needs,
• creating a savings and spending plan,
• action steps for developing an emergency fund,
• finding alternative sources of income, and;
• exploring ways to become “wealthy”.

For more information on these programs, and/or to schedule a wealth literacy workshop for your family or an organization contact us at info@wealthliteracy.org.

During the month of April here are some organizations, events and activities planned to promote financial literacy in America.

Money Smart Week

Money Smart Week 2021 runs from Saturday, April 10 through Saturday, April 17, 2021. The event is 100% virtual this year and features one live online event each day, along with a host of financial literacy resources. Focusing on personal finance, featured topics range from savings and banking to managing student loans, housing and tax-related fraud.

Presenters include the U.S. Department of Education, the CFPB, the Internal Revenue Service, FINRA, the Global Financial Literacy Excellence Center, the Economic Awareness Council, the University of Chicago and the University of Wisconsin-Madison.

Financial Beginnings

Nonprofit organization Financial Beginnings was founded in Portland, Oregon, in 2005 and is expanding nationally. Its goal is to provide “accessible and unbiased financial education to youth and adults” and address gaps in school curricula specific to financial literacy.

Head to Financial Beginnings’ YouTube channel to learn more about financial topics like financing college, paying taxes, car insurance and more. The organization’s “Your Life, Your Money” series helps young people understand complex financial topics relevant to their future.

Forbes Advisor

Along with the resources mentioned above, check out other recent Forbes Advisor articles for ways to help teach your kids about money:

• How To Involve Your Kids In Your Family Budget
• What Is A Savings Account And How Does It Work?
• How To Teach Your Kids Good Money Habits
• A Guide To Kids’ Savings Accounts
• Investing For Kids
• Should You Add Your Children As Authorized Users On Your Credit Card?
• How To Teach Your Teens About Credit

National Financial Literacy Month is a great time to spark discussions in your home about saving, spending, budgeting, giving and other personal finance-related topics.  Contact The Wealth Club® today and schedule a workshop today!  www.wealthliteracy.org and info@wealthliteracy.org

April 2021 NEWS FLASH (pdf download)