Florida State University Money Management Expert Offers Advice as Part of Financial Literacy Month

The Knowledge Gap with Money Management

In the United States, since the late 1990s, financial experts and educators identified a significant gap in financial knowledge among young people. An effort began to designate a special day of the year to educate youth about essential money management skills. Over time, the entire month of April has been identified as National Financial Literacy Month. Education Makes a Difference A recent study revealed that taking just one personal finance co…

Florida State University Money Management Expert Offers Advice as Part of Financial Literacy Month

April is financial literacy month, but informed economic decisions are needed every day. Whether it's budgeting, saving or spending, consumers are faced with choices on how to best manage their money. According to the TIAA Institute-GFLEC Personal Finance Index, financial literacy rates have dropped from 52% in 2020 to 48% in 2024.