MI HR0261

Designates April 2022 as Financial Literacy Month in Michigan to promote financial education and economic literacy.

Recognizes Michigan's 18-year history of financial literacy programming involving hundreds of organizations including financial institutions, nonprofits, government entities, schools, and libraries.

Cites data showing 62% of U.S. adults carried credit card debt in the past 12 months and 41% of adults gave themselves a C, D, or F grade on personal finance knowledge.

Calls on parents, schools, businesses, financial institutions, community organizations, and government units to observe the month with appropriate programs and activities to address financial mismanagement problems.