Nofs: Financial Literacy month will help youth become fiscally-responsible

LANSING―A resolution adopted by the Michigan Senate on Tuesday establishes April 2010 as Youth Financial Literacy Month in the state, said Sen. Mike Nofs, R-Battle Creek.

“The economic climate in Michigan presents an excellent opportunity to educate our youth on sound personal financial and money management skills so they can become prepared, productive and fiscally-responsible citizens,” said Nofs, primary sponsor of Senate Resolution 140. “Michigan families have had to make tough financial decisions and make every dollar stretch as far as possible in these economic time. It is important that we highlight the need for financial literacy and teach our children how to establish and maintain healthy financial habits.”

The resolution, which received unanimous support, declares April 2010 Youth Financial Literacy Month in Michigan, and urges parents, schools, businesses, community organizations, and units of government to observe the month with appropriate programs and activities in order to raise public awareness about the need for increased financial literacy in schools and amongst children.