The National Endowment for Financial Education (NEFE) introduced Financial Literacy Day more than a decade ago to help teach high school students good financial habits. The national Jump$tart Coalition for Personal Financial Literacy began promoting this special day not long after and eventually made the decision to expand the day into Financial Literacy Month. In 2003, the U.S. Senate and U.S. House of Representatives formally recognized April as National Financial Literacy Month.
Schools, business and financial institutions around the country will be hosting special events and providing educational materials throughout the month to raise awareness about debt and healthy spending habits. Money Management International, the nation's largest nonprofit credit counseling organization, has also established a special website to support the mission of National Financial Literacy Month. The site, FinancialLiteracyMonth.com, encourages consumers to make a commitment to improving their financial wellness. Nearly 7,000 people have taken the pledge so far.
Take the FinancialLiteracyMonth.com pledge and begin your 30-day journey to financial wellness.
Free Online Financial Literacy Courses
Taking finance courses is a great way to increase your financial literacy. There are many different colleges, universities and nonprofit organizations that provide free personal finance courses and educational materials online. Here are a few no-cost courses to try this month:
- Money Management Webinars - Money Management International will be hosting several free money management webinars throughout the month of April.
- Fundamentals of Personal Financial Planning - This free online course from the University of California - Irvine covers financial goals, insurance, taxation, investing, retirement planning and more.
- Money 101 - CNNMoney.com provides a free online guide to personal finance with 23 easy-to-follow lessons.
See a list of other free finance courses you can take online.
More Free Financial Literacy Resources
- MyMoney.gov - This U.S. government website provides a wide range of financial literacy resources, including a free 'My Money' toolkit.
- 360 Degrees of Financial Literacy - Created by the American Institute of Certified Public Accountants, this site offers free financial guidance and tax planning information.
- Institute for Financial Literacy - The IFL is a nonprofit organization that provides financial literacy articles, tools and other helpful resources.
- FiLife - FiLife is an online community for people who need answers to personal finance questions.