The U.S. Department of the Treasury announced on April 1 the start of National Financial Literacy Month, emphasizing its ongoing efforts to promote financial education and literacy throughout the country. The department said it will work with federal agencies on the Financial Literacy and Education Commission to highlight events, initiatives, and opportunities for public engagement during April.
National Financial Literacy Month aims to help Americans improve their understanding of financial concepts so they can make better decisions about saving, investing, and planning for important life milestones such as education, homeownership, or retirement.
U.S. Secretary of the Treasury Scott Bessent said in a statement: “In my own life experiences, as an Economic historian, and now as the 79th Treasury Secretary it is my firm belief Financial Literacy is what fuels the American Dream. Understanding how to make informed financial decisions unlocks opportunity for every American and their families.”
Bessent also reflected on the nation’s history ahead of its upcoming anniversary: “We live in the greatest country in the history of the world and on the eve of our 250th Anniversary, understanding what has driven our success is the key to our future and what will lead the nation successfully for the next 250 years.”
The Treasury Department encouraged people of all ages to visit MyMoney.gov for educational resources from various federal agencies. The site offers guidance on topics including saving money, investing wisely, and preparing financially for major events.
Information about upcoming changes to national strategies around financial literacy can also be found at MyMoney.gov. The department said these activities are part of its commitment to helping Americans achieve greater financial security.
