Financial Literacy 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 $16 trillion in 2022, including an increase of more than $1 trillion over the prior year; and

WHEREAS, Americans owed over $1.75 trillion in student loans in 2022, an average of $28,950 per borrower; and

WHEREAS, Americans increased credit card debt in 2022 by $130 billion, the largest growth on record, reaching a new high of $986 billion; 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 2023, as FINANCIAL LITERACY MONTH in our COMMONWEALTH OF VIRGINIA, and I call this observance to the attention of our citizens.

Governor of Virginia

Proclamations