2015 -- S 0853

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LC002437

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     STATE OF RHODE ISLAND

IN GENERAL ASSEMBLY

JANUARY SESSION, A.D. 2015

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S E N A T E   R E S O L U T I O N

DESIGNATING APRIL, 2015, AS "FINANCIAL LITERACY MONTH" IN THE STATE OF

RHODE ISLAND

     Introduced By: Senators Gallo, Goodwin, Lombardo, Conley, and Nesselbush

     Date Introduced: April 16, 2015

     Referred To: Recommended for Immediate Consideration

     WHEREAS, During these economically difficult times, we have to understand the

importance of wise fiscal management, and Rhode Islanders of all races, ages, genders, and socio-

economic groups must seek to improve their personal family finances by developing the basic

financial skills needed to create and maintain a budget, to understand credit, loans, banking,

investments, and retirement plans, and to take advantage of the financial opportunities and assess

the risks connected with each; and

     WHEREAS, The financial well-being of individual Rhode Island citizens is causally

linked to our state and our nation's economic health; and

     WHEREAS, Personal financial literacy is also causally linked to individual financial

well-being; and

     WHEREAS, Personal financial literacy education involves active engagement on the part

of individual citizens and family units in an ongoing and evolving process; and

     WHEREAS, Governments, private businesses, community-based organizations, and

institutions of education are stakeholders in the pursuit of increased personal financial literacy,

and by working together, such entities can help consumers make informed decisions about their

finances; and

     WHEREAS, The personal financial education of all citizens, especially youth and other

vulnerable populations, will improve the quality of their lives, will provide them with the

necessary skills for success, and will contribute to making positive changes for the communities

in which they live and work; now, therefore be it

     RESOLVED, That this Senate of the State of Rhode Island and Providence Plantations

hereby proclaims April, 2015, to be "Financial Literacy Month." We moreover urge all Rhode

Islanders to take advantage of various programs and activities that will increase their personal

financial literacy both during the month of April and throughout the year.

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