April is Financial Literacy Month!

 Financial literacy is the ability to understand and use financial skills, such as responsible money management, budgeting, saving, and investing for the future. 

Why is financial literacy important?

Being financially literate is the first step in being financially fit. Consider these facts:

  • Personal finance is the number one topic of argument within a marriage.
  • Parents rank teaching financial responsibility to their children near the top of their parenting wish list. 
  • Only a handful of states require high school students to take a personal finance course before graduation.
  • Poor financial literacy leads to poor decision-making, which leads to poor behavior, thus limiting the household’s ability to reach its financial goals.
  • Financial stability is necessary to ride out the ups and downs of the economy and inflation.

Arming yourself with financial literacy is a crucial part of responsible money management and a financially fit life. 

How to observe Financial Literacy Month at home

There’s no need to depend on an outside program – you can observe Financial Literacy Month at home:

  • Make financial literacy the topic of your book club. Choose a book related to money and talk about it at your virtual or in-person book club. 
  • Research one personal finance question each day. Look up the answer to one personal finance question each day of April, and at the end of the month, you’ll have amassed a ton of financial knowledge. 
  • Read financial blogs. There’s no shortage of blogs exploring financial topics. Browse through Tyndall Financial Wellness blogs.
  • Commit to a new financial goal. Financial literacy is all about using your knowledge to make better financial decisions. Use the opportunity of this month to commit to one financial goal in an area you find challenging. Choose your goal and make it happen!
  • Budgeting is a great tool when trying to understand your financial situation and make a plan for your future. 

Taking a deeper look at your finances during Financial Literacy Month will allow you to explore ways to become more financially literate and help you manage your money responsibly all year long. 

Still have questions?  Tyndall is here to answer them!  Visit our How To Series to learn more or contact a member of our team.  501(c)(3) nonprofit organizations can request a Tyndall Team Member to teach Financial literacy by sending a request to  marketing@Tyndall.org

Contact Us to Learn More