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April is National Financial Literacy Month! National Financial Literacy Month is recognized in order to highlight the importance of financial literacy and help Americans to establish and maintain healthy financial habits.
On a daily level, financial literacy can mean a lot of things. It includes every day activities like understanding how a checking account works, using a credit card responsibly and how to save your money more effectively. These everyday efforts can significantly impact a family when trying to make large life decisions like paying down debt, buying a house or saving for retirement.
Under the Federal Credit Union Act, promoting financial literacy is a core credit union mission. Credit unions were created to serve the needs of their members and promote financial literacy within the communities they serve. Like countless other credit unions, Mutual Savings is committed to the financial health of our communities.
This month, we will be posting helpful tips and blog articles written by our financial experts here at Mutual Savings. Be on the lookout and Happy Financial Literacy Month!
This article should not be considered legal, tax, or financial advice. You may wish to consult a tax or financial advisor about your individual financial situation.
