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April 2022: Financial Literacy Month
April 01, 2022
WHEREAS, improving one’s knowledge of personal finances contributes to the well-being not only of individuals and families, but also of the state as a whole; and,
WHEREAS, we acknowledge the importance of saving, navigating access to affordable credit options, and creating a reasonable and structured budget; and,
WHEREAS, financial literacy also includes ensuring that Michiganders understand the costs and benefits of proper insurance coverage for their home, property, and health; and,
WHEREAS, individuals who are educated about their personal financial situation are better equipped to make informed decisions about their health insurance options; and,
WHEREAS, improving financial literacy for both youths and adults better positions them to manage their personal finances effectively on a day-to-day basis and during challenging times; and,
WHEREAS, the designation of April 2022 as Financial Literacy Month will help to raise public awareness about the importance of financial education and empowerment in Michigan;
NOW, THEREFORE, I, Gretchen Whitmer, governor of Michigan, do hereby proclaim April 2022 as Financial Literacy Month in Michigan.