It’s National Financial Literacy Month; managing your business finances is essential for your company’s success! According to nationaltoday.com, “National Financial Literacy Month is celebrated in April, which is a great opportunity for us to check and promote our financial situation and skills. If you consider yourself illiterate in terms of finances then you are not alone! It does not matter if you have just started earning or have been earning for a long time, every day is a chance to reflect upon your spendings and improve your finances.” Keep reading to get ideas on how to recognize National Financial Literacy Month.

Four Ways Your Company Can Recognize National Financial Literacy Month:

Host Financial Education Workshops or Seminars:
Organize events focused on financial literacy topics relevant to your employees’ professional and personal lives. These can cover budgeting, saving, investing, understanding credit, and retirement planning. Invite financial experts or collaborate with financial institutions that may offer free educational resources and speakers.

Offer Financial Literacy Resources:
Provide your team with resources such as books, online courses, or access to financial planning tools. Creating a library of financial literacy materials or a dedicated section on your company intranet where employees can find information and tools to improve their financial knowledge can be very helpful.

Encourage Participation in Financial Wellness Programs:
If your company offers financial wellness programs as part of its benefits package, use National Financial Literacy Month to promote these benefits to your employees. If you don’t have a program, consider starting one. Programs can include access to financial counseling, retirement planning services, or workshops on tax planning.

Engage in Community Outreach:
Partner with local schools, non-profits, or community centers to offer financial literacy programs to the community. Community outreach could involve volunteering time to teach classes, sponsoring economic literacy events, or providing resources for financial education. It’s an excellent way for your business to give back to the community while raising awareness about the importance of financial literacy.

By participating in National Financial Literacy Month, businesses can enhance their employees’ financial well-being and contribute positively to the broader community’s economic health.

If you’re interested in learning more about the history of National Financial Literacy Month, click here. If you want to share how your business or team is getting involved, contact connect@cuyeast.org , and we’ll feature you in our newsletter!