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April isn’t a Month for Fools, it’s a Month for Finance…

April isn’t a Month for Fools, it’s a Month for Finance…

April 02, 2024

Financial disagreements remain among the top causes of divorce in the United States. And, the teaching of financial responsibility is among the most requested subjects to be added to high school curriculums, which may be some of the reasons why the National Endowment for Financial Education became concerned with Americans’ lack of financial literacy.

Since its initiation by the NEFE in 2000, US lawmakers have passed a resolution each year designating April as Financial Literacy Month.

It would be hard to think of another time in recent history when being able to navigate the intricacies of our personal finances is of more importance. The United States continues to grapple with inflation while the global economy deals with geopolitical tensions, resulting in unstable energy prices and supply chain breakdowns. Now, more than ever, understanding how to mitigate inflation and its impacts on our daily lives is crucial to our household budgets.

The heightened awareness that results from having a month designated for financial awareness offers the chance to deepen our knowledge of personal finance and to become empowered as decision-makers.

If you search for “What events are available in the Lehigh Valley for Financial Literacy Month”, you will find multiple programs and counseling sessions being offered by non-profits, government agencies, and a well-known local university. The goal of these events is not just to educate, but also to empower you to enhance your personal and household financial health.

Financial Literacy Month was created to encourage people to acquire the knowledge and skills needed to manage day-to-day, week to week, personal finances effectively. In other words, it’s about managing your finances on a micro level

When it comes to managing your finances on the macro level of setting long-term financial goals, from retirement to college funds, and charting a course to achieve them, your One Financial Services team is here to help guide you toward a secure future for you and your family. So, this month, don’t be foolish, seize the moment, and make an appointment with your One Financial Services advisor today.