April is National Financial Literacy month. Whether it’s in schools, in the community or in the workplace, the importance of educating each other on personal finance seems to have lost its importance.
We have also noticed this issue and have made great strides to improve the financial literacy and the availability of financial education to those within our community. In 2011 we began the First County Bank Money Smart Program. We’ve conducted over 150 seminars for hundreds of members of the Norwalk and Stamford communities. With an FDIC Money Smart Alliance Certificate of Membership and as an FDIC Money Smart for Young Adults Partner, this program has made an impact in our community and demonstrates our dedication to financial literacy education as a year-round effort.
Our Money Smart Program is not limited to just adults, we have held seminars in four high schools in the Norwalk and Stamford communities. Recently in 2016, we opened a limited-access high school branch at the Academy of Institute Technology and Engineering (AITE) for high school students and managed by high school students. This high school branch no only represents our commitment to financial literacy but creates an opportunity for students to ask questions and explore the challenges of personal finance.
Whether it’s in your school, your community, your workplace, or your family – use this month to start a conversation around financial literacy. More and more seminars are becoming available to educate members of the community on personal finance and its importance. Let’s not let the importance of National Financial Literacy Month slip by without action.