National Financial Literacy Month is recognized in the United States in April in an effort to highlight the importance of financial literacy and teach Americans how to establish and maintain healthy financial habits.
In 2000, The Jump$tart Coalition for Personal Financial Literacy began promoting April as Financial Literacy for Youth Month. In 2003, the United States Senate designated April as Financial Literacy for Youth Month. In March 2004 the Senate passed Resolution 316 that officially recognized April as National Financial Literacy Month.
Since 2006, the National Foundation for Credit Counseling (NFCC) has emerged as the leading organization promoting Financial Literacy Month, releasing an annual survey on financial education and honoring the winner of its national financial literacy poster contest, Be Money Wi$e. The NFCC poster contest invites elementary, middle and high school students to submit a poster design surrounding a theme that deals with managing money effectively.
Many of the country’s financial institutions and nonprofit financial educational organizations promote the month by holding promotional events and creating educational materials that center around effectively handling money and dealing with debt.