April is Financial Literacy Month in Idaho

Monday April 22, 2024

Idaho Department of Finance Director, Patti Perkins and Idaho Superintendent of Public Instruction, Debbie Critchfield have declared April Financial Literacy Month in Idaho. Financial Literacy Month serves as a platform to highlight the significance of understanding the primary pillars of personal finance, such as budgeting and saving, homebuying, managing debt, making informed investment decisions, and protecting hard-earned assets through scam awareness.

The Idaho Department of Finance (IDOF) is committed to fostering consumer financial empowerment. “Empowering individuals with financial literacy is not just an investment in knowledge; it’s an investment in economic resilience and a path to financial well-being,” said Director Patti Perkins.

IDOF, the Idaho Financial Literacy Coalition (IFLC) (www.idahoflc.org), and Idaho Public Libraries have partnered to sponsor Financial Literacy Month in April. At the Idaho State Capitol, a proclamation ceremony with Patti Perkins, Debbie Critchfield, and Idaho Financial Literacy Coalition members is planned for April 22, 2024. The ceremony includes a presentation of awards to students who have won in selected categories of the Piggy Bank Beauty Contest, a contest for Idaho students in 3rd through 6th grades to design a piggy bank using virtually any materials and their imagination. Each winner will receive a $ 150 scholarship to start their very own college savings account, provided jointly by IFLC and member IDeal – Idaho’s College Savings Program. As the state-sponsored college savings program, IDeal’s mission is to help Idaho families save for future education goals in a tax-advantaged way.

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