Bill 118 S.Res. 185, also known as a resolution designating April 2023 as "Financial Literacy Month," was introduced in the US Senate. The purpose of this resolution is to raise awareness about the importance of financial literacy and educate Americans on how to make informed financial decisions.
The resolution highlights the need for individuals to understand basic financial concepts such as budgeting, saving, investing, and managing debt. It emphasizes the importance of financial education in helping individuals achieve financial stability and security.
The resolution also recognizes the efforts of organizations and individuals who promote financial literacy and provide resources to help people improve their financial knowledge and skills. It encourages schools, businesses, and community organizations to participate in activities and events that promote financial literacy during the month of April.
Overall, Bill 118 S.Res. 185 aims to increase awareness about the importance of financial literacy and empower individuals to take control of their financial futures. By designating April 2023 as "Financial Literacy Month," the resolution seeks to inspire individuals to educate themselves about personal finance and make informed decisions to improve their financial well-being.