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Government Leaders Proclaim Importance of Financial Literacy Month
Tuesday, April 14, 2015 6:40 AM

From the White House to state houses nationwide, governmental leaders are reminding the public that April is National Financial Literacy Month. President Barack Obama called upon all Americans to observe this month with programs and activities to improve their understanding of financial principles and practices.

In his statement, President Obama changed the term slightly to National Financial Capability Month, and wrote in his proclamation, "By strengthening the financial capability of all Americans, we are investing in the fundamental promise of a brighter future and building a more prosperous nation."

In the Cornerstone region, Arkansas Gov. Asa Hutchinson, Oklahoma Gov. Mary Fallin, and Texas Gov. Greg Abbott proclaimed April 2015 to be Financial Literacy Month as well.

Hutchinson noted that "with careful planning, we can all make sure we are on solid financial footing now and in the future," while Fallin encouraged Oklahoma citizens to "improve their financial literacy and make every effort to achieve financial wellness."

Abbott said, "Whether we are saving money for a home, a college education or retirement, budgeting and successful financial planning are crucial to reaching our goals."

Pennsylvania Gov. Tom Wolf specifically mentioned National Credit Union Youth Month in his proclamation, and Georgia Gov. Nathan Deal noted the financial literacy efforts of the Georgia Credit Union Affiliates, among other state organizations.

A partial list of other governors who made proclamations includes: Terry McAuliffe, Virginia; Mark Dayton, Minnesota; Kate Brown, Oregon; Sam Brownback, Kansas; Butch Otter, Idaho; Maggie Hassan, New Hampshire; Andrew Cuomo, New York; and Jay Inslee, Washington.