April Is Financial Literacy Month

In March of 2004, the U.S. Senate passed (unanimously, if you can believe it) Resolution 316, officially recognizing April as National Financial Literacy Month.

What does that mean to you?

According to the Credit Union National Association (CUNA), fully 41% of Americans give themselves a score of C, D, or F in management of their own personal finances. Worse yet, 61% of American adults, the highest percentage in six years, admit to not even having a budget.

There are also significant gaps in Americans’ knowledge of budgeting, saving, and understanding their credit reports and credit scores. Most adults have not reviewed their credit score or report for more than a year—if at all.

“…the need for financial education is great,” says Susan C. Keating, President/CEO of the National Foundation for Credit Counselling (NFCC). “Without a solid foundation on which to base everyday financial decisions, Americans are on a slippery slope as they begin to rebuild their financial lives following the Great Recession.”

We can help

Taleris offers its members a number of ways to increase their Financial Literacy. The Financial Resources page of our website provides information and links to help improve financial literacy. It also provides advice and links to help you buy a car, get your free credit report, plan for college and more. CLICK HERE to visit the page.

The Home and Family Finance Resource Center, also found on the Financial Resources page, provides tips, advice and calculators on everything from planning for retirement to buying a car. CLICK HERE to visit the Finance Resource Center.

Additionally, we offer free educational courses to our Corporate Partners on Understanding Your Credit Report and on Getting Out Of Debt. If you are not sure if your company is a Taleris Corporate Partner, or if you’re interested in finding out more about Corporate Partnership, CLICK HERE. The link will take you to the Corporate Partnership page of our website.

Celebrate Financial Literacy Month by improving your understanding of your own finances, and by taking the steps you need to ensure a sound, and solid, financial future. For us, the Taleris Mission Statement says it best: “Create Opportunities for Our Members, Their Families, Communities and Staff to Thrive Financially and Improve Their Quality of Life for Generations.”