Bill 118 HRES 291, also known as the "Supporting the goals and ideals of Financial Literacy Month" bill, aims to recognize and promote the importance of financial literacy in the United States. The bill highlights the need for individuals to have a better understanding of financial concepts such as budgeting, saving, investing, and managing debt.
The bill emphasizes the importance of financial education in helping individuals make informed decisions about their personal finances and achieve financial stability. It also acknowledges the role that financial literacy plays in promoting economic growth and stability at both the individual and national levels.
The bill calls for the designation of April as Financial Literacy Month, during which various organizations and institutions are encouraged to promote financial education and awareness through events, workshops, and other activities. It also encourages schools, businesses, and government agencies to incorporate financial literacy education into their programs and services.
Overall, Bill 118 HRES 291 seeks to raise awareness about the importance of financial literacy and promote efforts to improve financial education for all Americans. By supporting the goals and ideals of Financial Literacy Month, the bill aims to empower individuals to make sound financial decisions and achieve greater financial security.