Supporting the goals and ideals of "Financial Literacy Month".
H. Res. 292 is a non-binding House of Representatives resolution introduced on April 3, 2025, to “support the goals and ideals of Financial Literacy Month.” The resolution notes publicly available data on financial literacy and access to financial services (e.g., unbanked/underbanked households, budgeting, debt, and gaps in school finance education) and reiterates the importance of personal financial education for everyday life and broader civic participation. It states that the United States should observe Financial Literacy Month with appropriate programs and activities and urges various actors—federal and state governments, localities, schools, nonprofit organizations, businesses, and the public—to participate. The measure references the existing Financial Literacy and Education Commission (FLEC), established by earlier federal law, as part of the policy framework for coordinating federal financial literacy efforts. This resolution does not authorize funding or create new programs. Instead, it formally acknowledges the importance of financial literacy and encourages broad participation in observances and activities during Financial Literacy Month, leveraging existing federal coordination efforts.
Key Points
- 1Recognizes significant gaps in financial literacy and access to mainstream financial services, citing data from FDIC, NFCC, Federal Reserve, and other sources.
- 2Emphasizes that quality personal financial education helps people manage money, credit, debt, and prepare for roles as workers, heads of households, investors, entrepreneurs, and citizens.
- 3Reaffirms the goal of Financial Literacy Month as a way to raise public awareness about the importance of personal financial education and the consequences of financial illiteracy.
- 4Calls on the Federal Government, states, localities, schools, nonprofit organizations, businesses, and the general public to observe Financial Literacy Month with appropriate programs and activities.
- 5Refers to the Financial Literacy and Education Commission (FLEC) and the broader federal effort to coordinate financial literacy initiatives, tying the resolution to existing policy infrastructure.