Financial Literacy for All Celebrates National Financial Literacy Month
April 30 2024 - 8:00AM
Business Wire
FL4A Members Ramp Up Initiatives and Resources
in Support of Movement’s Goal to Uplift Communities and Individuals
by Making Financial Literacy a Fundamental Part of American
Life
Financial Literacy for All (FL4A), a national initiative
dedicated to embedding financial literacy into the nation’s
schools, workplaces, communities, and culture, is pleased to
celebrate National Financial Literacy Month as it comes to a close
by recognizing several of the recent financial literacy initiatives
and resources launched by members in its coalition of nearly 50
leading organizations.
Since the beginning of the year, some of the key financial
literacy advancement activity by FL4A members include:
- Council for Economic Education released its 2024 Survey
of the States showing that opportunities have greatly improved for
young people across America to learn the essential personal finance
knowledge they need to reach their full life-long economic
potential with more than two-thirds of all states now requiring
personal finance classes for high school
- Delta Airlines CEO Ed Bastian authored an open letter on
the importance of financial well-being and highlighting the
company’s Emergency Savings Program in partnership with Operation
HOPE and Fidelity Investments where participating employees can
earn $1,000 from Delta to fund a rainy day account, along with
individualized coaching and resources to enhance their financial
literacy and well-being
- American Express partnered with UNCF and Zogo, a
gamified app with real-world rewards, to bring the UNCF community
access to Zogo’s extensive library of 800+ bite-sized financial
lessons and education content and gamified rewards program
- FICO partnered with tennis star Chris Eubanks and Kyle
Busch and Richard Childress Racing to help raise awareness of the
need for financial credit and education as the essential first step
to achieve financial literacy
- Visa and the GSMA Mobile Development Foundation (GSMA
Fdn) launched the Digital Finance for All (DFA) Initiative, a
five-year initiative to advance digital financial inclusion for 20
million individuals, including women, small holder farmers, and
nano, micro and small enterprise where low- and middle-income
countries in Africa, Asia and Latin America
Launched in May 2021 by a consortium of leaders from the
business, professional sports, entertainment, and non-profit
sectors and Operation HOPE, FL4A aims to reimagine the way
Americans think about their relationship with money and provide the
foundational skills for people to best manage their personal
finances and build generational wealth. FL4A is committed to:
- Supporting financial literacy programs for the member
organizations’ collective employee base
- Advocating for financial literacy education to be provided to
all students as part of their basic education as well as part of
lifelong learning for all adults
- Making unbiased and action-oriented financial literacy
resources freely available to all through FL4A’s Resource
Library
To follow the progress of Financial Literacy for All, please
visit FL4A.org.
About Financial Literacy for All
Financial Literacy for All is a national initiative of Operation
HOPE to embed financial literacy in American schools, workplaces,
communities, and culture, led by a prominent group of leaders from
the business, sports, entertainment, and nonprofit sectors. This
10-year initiative will reach millions of youths and working adults
by meeting them wherever they are on their financial journey,
ensuring they have access to and an understanding of the knowledge,
tools, and resources they need to make informed financial decisions
and take control of their financial lives. For more information and
to follow the progress of FL4A, visit FL4A.org, and FL4A’s
financial education resource library, which is accessible to the
general public as well as to all member companies, their employees,
and their customers. To follow the progress of Financial Literacy
for All, please visit FL4A.org.
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Bill Mendel Mendel Communications bill@mendelcommunications.com
212-397-1030