Happy Financially Literacy Month!  In case you didn’t know every April (since 2004) has been declared National Financial Literacy Month in the United States.   In honor of this month I wanted to talk a little bit about the importance of financial literacy.   Financial literacy is especially important for the youth of our nations, if finances are not taught early, they may not be able to understand finances when they grow up and become independent.  Yet it is important to continue these practices throughout your lifetime.  Not only should you be teaching your children about finances, you should be setting an example on how to handle finances, budgeting and money.

So to celebrate financial literacy try practicing some good financial habits today!  Balance your check book, check your credit report, create and follow a budget, and start taking steps to get out (and stay out) of debt! Try teaching your children some good money management skills too!  Check out my blog post “Break the cycle: Teach Your Children Money Management at an Early Age” for some tips on how to instill good financial habits in your children, grandchildren, nieces/nephews or any other youngsters!  Also, April 24th is National Teach Children to Save Day, so make sure to mark your calendar and think of a special way to spend the holiday with your younger family and friends!

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