R 224
2015 -- S 0853
Enacted 04/16/2015

S E N A T E   R E S O L U T I O N

Introduced By: Senators Gallo, Goodwin, Lombardo, Conley, and Nesselbush
Date Introduced: April 16, 2015

     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.