April 1st marks the beginning of National Financial Literacy Month.
In 2004, the U.S. Senate passed Resolution 316 that officially recognizes the month of April as National Financial Literacy Month. Hawaii's own Senator Daniel Akaka was one of the 22 Senators that sponsored the measure to highlight the need to promote financial literacy in our homes, schools, workplaces, and communities.
In 2011, Senator Akaka was quoted in Hawaii 24/7 saying “Increased financial literacy provides people with the tools they need to make responsible decisions for themselves and their families. Many individuals are struggling to understand our increasingly complex economic system."
In recognition of National Financial Literacy Month, I will be posting daily blog posts in regards to Financial Literacy.
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