Financial Literacy

April is Financial Literacy Month. On Friday, April 24, Financial Services Institute—a CSG Associate member—is sponsoring Financial Literacy Day on Capitol Hill. Since its 2003 inception, Financial Literacy Day has united members of Congress and other public officials with financial literacy organizations in support of financial education policy. According to Money Management International, Americans are crippled by more than $2 trillion in consumer debt, and the American Bankruptcy Institute reported that there were more than one million nonbusiness bankruptcy filings in 2013.