Financial Literacy Is What Fuels the American Dream, Here’s the Resources [WATCH]

Treasury Secretary Scott Bessent announced that April will be recognized as Financial Literacy Month, emphasizing the role of financial education in expanding opportunity and strengthening the nation’s long-term economic outlook.

Bessent, the 79th Secretary of the Treasury, delivered the announcement at the start of the month, outlining the department’s focus on improving access to financial education and encouraging Americans to take a more active role in managing their finances.

“Hello, I’m Scott Bessent, the 79th Secretary of the Treasury, and today, April 1 marks the beginning of Financial Literacy Month,” Bessent said.

Here’s What They’re Not Telling You About Your Retirement

He described financial literacy as a key factor in achieving economic success, linking it directly to the broader concept of the American dream.

According to Bessent, understanding basic financial principles can create pathways for individuals and families to improve their financial standing and pursue long-term goals.

“It is my belief that financial literacy is what fuels the American dream,” Bessent said.

“Understanding how to make informed financial decisions, mastering How to Save budget and plan can unlock opportunity for every American and their families.”

This Could Be the Most Important Video Gun Owners Watch All Year

The Treasury Department, he said, is working to expand access to financial tools and educational resources through its online platform, mymoney.gov.

The site provides information and guidance from across federal agencies, offering assistance on a range of financial topics.

“At the Treasury Department, we are committed to providing the resources necessary to help jump start that journey through mymoney.gov where every American can access educational tools from across the federal government,” Bessent said.

“It’s our goal to help you make informed financial decisions, whether that means saving, investing or planning for major life milestones like education, business formation, home ownership or retirement.”

Bessent outlined several areas where financial literacy plays a direct role, including budgeting, saving, investing, and planning for significant expenses.

He said these skills are essential for individuals preparing for college, starting businesses, purchasing homes, or planning for retirement.

The announcement comes as the United States approaches a major milestone, with Bessent referencing the country’s upcoming 250th anniversary as a moment to reflect on long-term economic strength and stability.

He said building a foundation of financial knowledge across the population will be critical in maintaining that stability.

“We live in the greatest country on Earth and at the cusp of its 250th anniversary, it is up to each of us to build a better foundation of financial knowledge so that we can assure that the United States thrives for the next 250 years,” Bessent said.

Bessent added that the Treasury Department will continue promoting financial literacy initiatives throughout April and beyond, with the goal of encouraging Americans to take greater control of their financial futures.

“Throughout April and beyond, we will continue to promote financial literacy across the country and help put all Americans on a path to shape their own financial prosperity,” he said.

WATCH:

Warning: Account balances and purchasing power no longer tell the same story. Know in 2 minutes if your retirement is working for you.