Bill 118 S.Res. 658, also known as a resolution designating April 2024 as "Financial Literacy Month," was introduced in the US Congress with the aim of promoting awareness and education about financial literacy among Americans. The resolution highlights the importance of understanding personal finances, budgeting, saving, and investing in order to make informed decisions about money management.
The resolution emphasizes the need for individuals to have the necessary knowledge and skills to navigate the complex world of finance, especially in light of the increasing importance of financial planning for retirement and other long-term goals. By designating April 2024 as "Financial Literacy Month," the resolution seeks to encourage schools, businesses, and community organizations to provide resources and information to help individuals improve their financial literacy.
Overall, Bill 118 S.Res. 658 aims to raise awareness about the importance of financial literacy and empower individuals to take control of their financial futures. It underscores the need for ongoing education and support in order to ensure that all Americans have the tools they need to make sound financial decisions.