Utah Valley Times

U.S. Senator Mitt Romney, along with Senators Tim Scott and Jack Reed, introduced a resolution to declare April as Financial Literacy Month. Senator Romney emphasized the importance of equipping Americans, especially young people, with financial knowledge for the future. He stated, “We must do better to ensure Americans—especially our young people—are equipped with the financial knowledge to plan and prepare for the future.”

Senator Scott, the Banking Committee Ranking Member, highlighted the significance of financial literacy in achieving financial independence and the American Dream. He expressed his commitment to championing programs that promote financial education accessibility. Senator Scott stated, “Financial literacy is the cornerstone to achieving financial independence and opening the pathway to the American Dream.”

Senator Reed, a member of the Banking Committee, emphasized the lifelong nature of financial literacy and its impact on individuals, communities, and future generations. He stressed the importance of raising awareness about resources available to improve financial literacy. Senator Reed commented, “Raising awareness about the resources available to improve financial literacy is the first step on the path to a financially secure future.”

A bipartisan group of senators also cosponsored the resolution, showing unity in recognizing and celebrating the twentieth annual Financial Literacy Month. The resolution aims to promote awareness about the importance of financial education and building healthy financial habits.

Financial Literacy Month serves as a national celebration of financial empowerment, focusing on raising awareness about the importance of financial education and providing resources to help individuals of all ages develop and maintain healthy financial habits.