Celebrate Financial Literacy Month: Why Financial Education Matters

April isn’t just about spring blossoms and longer days—it’s also Financial Literacy Month, a time dedicated to encouraging smarter money habits and financial awareness.

Established by the U.S. Senate in 2004, Financial Literacy Month is all about recognizing the importance of financial education in everyday life. As former Federal Reserve Chairman Alan Greenspan once stated:


“Comprehensive education can help provide individuals with the financial knowledge necessary to create household budgets, initiate savings plans, manage debt, and make strategic investment decisions.”¹


What Financial Literacy Can Do for You

According to the National Financial Educators Council, individuals who receive personal finance education tend to:

  • Save more
  • Build greater net worth
  • Contribute more consistently to their retirement accounts

Simply put, financially literate individuals tend to have less debt, more savings, and a stronger sense of control over their financial future.


Key Topics to Strengthen Your Financial Know-How

  1. Cash Flow: Tracking and managing your cash flow is the first step toward building wealth and reaching your goals.
  2. Investment Risk: Younger investors often play it too safe, while older investors may take unnecessary risks.
  3. Insurance Coverage: Many people are surprised to learn they could improve coverage or reduce premiums with a simple review.
  4. Fraud Protection: Learn how to protect your personal and financial information.
  5. Estate Planning: Having a will, power of attorney, and medical directives in place provides peace of mind and security for your loved ones.


Take Charge of Your Financial Future

There’s no better way to celebrate Financial Literacy Month than by investing a bit of time in understanding your own finances. Whether you're just getting started or already working with a financial advisor, continuing your financial education is one of the best investments you can make.

If you have questions about anything covered here—or want help evaluating your current financial strategy—we’re here for you.

Call Us

1Greenspan, Alan. 2002. “Prepared Statement.” Hearings on the State of Financial Literacy and Education in America. U.S. Senate Committee on Banking, Housing, and Urban Affairs, February 6.

2Shorb, Vince, “Financial Literacy and the Revival of the American Dream,” National Financial Educators Council, accessed March 29, 2013. 



Advisory services are offered through Assurance Wealth Management, a Registered Investment Advisor in the State of Texas. Assurance Wealth Management is not affiliated with or endorsed by the Social Security Administration, Internal Revenue Service or any other government agency.

All written content on this site is for information purposes only. Opinions expressed herein are solely those of Assurance Wealth Management and our editorial staff. The information contained in this material has been derived from sources believed to be reliable, but is not guaranteed as to accuracy and completeness and does not purport to be a complete analysis of the materials discussed. All information and ideas should be discussed in detail with your individual adviser prior to implementation. Investing always involves risk and possible loss of capital.