2022 -- S 2871

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LC005744

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     STATE OF RHODE ISLAND

IN GENERAL ASSEMBLY

JANUARY SESSION, A.D. 2022

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S E N A T E   R E S O L U T I O N

PROCLAIMING APRIL OF 2022, TO BE "FINANCIAL LITERACY MONTH" IN THE

STATE OF RHODE ISLAND

     Introduced By: Senators Gallo, and Paolino

     Date Introduced: April 12, 2022

     Referred To: Recommended for Immediate Consideration

     WHEREAS, Every Rhode Islander deserves the opportunity to achieve financial security

and stability regardless of zip code or background; and

     WHEREAS, Our financial system is increasingly complex and Rhode Islanders are

making personal finance decisions that have long-lasting consequences; and

     WHEREAS, Too many Rhode Islanders continue to struggle with financial challenges at

a rate higher than regional and national peers; and

     WHEREAS, Individuals with strong personal finance skills have the knowledge to make

informed decisions regarding budgeting, maintaining strong credit, saving, investing, and

protecting and insuring their assets; and

     WHEREAS, In 2021, Rhode Island joined many other states in passing legislation to

guarantee that all public high school students have access to high-quality, standards aligned

personal finance education; and

     WHEREAS, Government, private businesses, community-based organizations, and

institutions of education must continue to work together to empower consumers to make

informed decisions about their finances, appropriately plan for economic instability, and avoid

deceptive or predatory practices; and

     WHEREAS, General Treasurer Magaziner launched the Rhode Island Financial

Empowerment Roundtable which regularly brings together representatives from government,

nonprofits, education, businesses, and the banking sector to network and share ideas on how to

encourage economic growth and financial stability among Rhode Islanders; and

     WHEREAS, Strengthening the financial skills of all Rhode Islanders is an investment in

the fundamental promise of a brighter future and the building of a more prosperous nation; and

     WHEREAS, April is National Financial Literacy Month, where Rhode Island highlights

its commitment to teaching ourselves and our children about the basics of financial education;

now, therefore be it

     RESOLVED, That this Senate of the State of Rhode Island hereby proclaims April 2022,

to be “Financial Literacy Month” in the State of Rhode Island. We moreover urge all Rhode

Islanders to take advantage of various programs and activities that will increase their personal

financial literacy during both the month of April and throughout the year; and be it further

     RESOLVED, That the Secretary of State be and hereby is authorized and directed to

transmit a duly certified copy of this resolution to the RI JumpStart Coalition.

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LC005744

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