Bill 117 S.Res. 588, also known as a resolution designating April 2022 as "Financial Literacy Month," was introduced in the US Senate to raise awareness about the importance of financial literacy. The resolution aims to highlight the need for individuals to have a better understanding of financial concepts and practices in order to make informed decisions about their personal finances.
The resolution emphasizes the importance of financial education in helping individuals manage their money effectively, make sound financial decisions, and plan for their future. It also recognizes the role that financial literacy plays in promoting economic stability and growth at both the individual and national levels.
By designating April 2022 as "Financial Literacy Month," the resolution seeks to encourage schools, businesses, and community organizations to promote financial education and provide resources to help individuals improve their financial knowledge and skills. It also calls on the government to support initiatives that promote financial literacy and empower individuals to take control of their financial well-being.
Overall, Bill 117 S.Res. 588 aims to raise awareness about the importance of financial literacy and encourage individuals to take steps to improve their financial knowledge and skills. It underscores the importance of financial education in helping individuals achieve financial security and success in today's complex and ever-changing economy.