Financial Literacy Awareness Month

By virtue of the authority vested by the Constitution of Virginia in the Governor of the Commonwealth of Virginia, there is hereby officially recognized:

WHEREAS, it is essential that Virginians of all ages be financially literate, responsible and able to properly manage money, credit and debt; and,

WHEREAS, United States consumer debt totaled more than $15 trillion by 2021, including an increase of $28 billion in auto debt and $1.58 trillion in student loans; and,

WHEREAS, Americans owed over $1.58 trillion in student loans as of 2021, 5.3% of which was delinquent; and,

WHEREAS, Americans increased credit card debt in 2021 by $17 billion, and decreased overall delinquency; and,

WHEREAS, public, community-based, and private sector organizations throughout the Commonwealth are working to educate the public on personal finance and increasing financial literacy for Virginians of all ages; and,

WHEREAS, it is important to educate Virginians of the many educational resources available and to encourage responsible financial planning and personal budgeting;

NOW, THEREFORE, I, Glenn Youngkin, do hereby recognize April 2022 as FINANCIAL LITERACY MONTH in our COMMONWEALTH OF VIRGINIA, and I call this observance to the attention of our citizens.

Governor of Virginia

Proclamations