CA SCR105

Declares April 2014 as Financial Aid and Literacy Month in California to raise public awareness about the need for increased financial literacy

Encourages legislators, employers, schools, service groups, community organizations, libraries, financial institutions, and media to provide financial literacy education and outreach

Calls for collaboration with the California Society of Certified Public Accountants, California Jump$tart Coalition, and other organizations to promote financial education

References findings showing 40 percent of American adults grade themselves C or less on personal finance knowledge, and 43 percent lack sufficient emergency savings

Cites Assembly Bill 166 requiring financial education including budgeting, credit management, student loans, and identity theft security be integrated into curriculum revisions