Hey, frugal friends!! Just wanted to let you know that April is Financial Literacy Month and so me and the rest of the personal finance blogging world will be working extra hard to help you go from financial bondage to financial freedom. Financial Literacy Month has a special place in the heart of many bloggers because we all remember what life was like before we had financial literacy.
It’s a shame that personal finance isn’t taught in every single high school, but things are improving in that area. In fact, I recently read a report that will open your eyes to the financial literacy problems in the U.S. Here is some of what I learned.
- Only 17 states require students to take a course on personal finance
- Fewer than 20% of teachers feel competent enough in money skills to teach a personal finance course
- 43% of millennials use costly non-traditional borrowing methods such as payday loans and pawn shops
- More than half of millennials are unable to save any money due to paycheck-to-paycheck living
- More than one in six students in the U.S. does not reach the baseline level of proficiency in financial literacy
- Students from states where a personal finance education was required are more likely to save, more likely to pay off credit cards in full each month and are less likely to be compulsive buyers
No one should have to struggle with money. It’s a stressor that is debilitating and largely avoidable – with the right information and knowledge. Financial literacy does indeed matter, and my friends and I in the personal finance blogging world are eager to help people of all ages have a healthier financial state. Here’s what you can expect from The Frugal Farmer during the month of April.
What To Expect During Financial Literacy Month
Mondays will focus on a variety of financial topics set up as sort of a map to financial wellness. We’ll start at the beginning for those who haven’t started their path to financial freedom yet, and go from there. We’ve cover the basics like budgeting and spend-tracking (in a really interesting way – I promise!!), getting out of debt, building wealth, saving for kids’ college, saving for retirement and more.
This will be a comprehensive set of posts that will help you to get where you need to be financially, no matter what your current situation.
Because we have so much ground to cover, we’ll be posting on Tuesdays as well, only for the month of April. So expect your Tuesdays to have a Frugal Farmer post in your inbox, and if you haven’t yet signed up to receive our posts automatically, you can do so by filling out your info in the box at the top of the right sidebar. That way you won’t miss a thing.
Just for April only, I’ll be focusing on money topics on Prepper Wednesdays. I’ll try and make the posts prepper-relatable if I can for the sake of our prepping friends. 🙂
For the month of April only, I’ll be doing round-up posts of all of the great Financial Literacy month posts that other bloggers are doing. This will be a great stop for those looking for further financial freedom education.
I hope you’ll make the time to join us for each and every valuable post during the month of April. Financial wellness is a gift that every single person should give themselves.
Now it’s your turn, readers: What money topic would you like to see covered during the month of April here on The Frugal Farmer?