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April is Financial Literacy Month

In January 2008, Junior Achievement was named to the President's Advisory Council on Financial Literacy. The U.S. Treasury Department has requested that Council Members solicit public commentary around specific financial literacy issues. Below is a list of questions to which the U.S. Treasury Department would like public feedback by May 23, 2008, via email to financialliteracycouncil@do.treas.gov. This is your chance to be heard on this important issue affecting millions of Americans.

Please keep comments brief and number your answers so that they correspond to the questions listed below:

  1. Youth financial literacy: How can financial literacy among young people be improved?
  2. Financial education in the workplace: How can financial education be provided in the workplace? What financial education issues should be addressed in the workplace?
  3. Financial access for underserved markets: How can access to financial services be increased in underserved markets? What markets are underserved for financial services?
  4. Financial literacy research: What questions should be answered to provide a thorough understanding of the current state of financial literacy in the country? What are the gaps in existing research on financial literacy?
  5. Outreach and awareness: What are the best ways to communicate to those who lack awareness of financial education resources?

Please keep comments brief and number your answers so that they correspond to the questions listed below:

The Council was established to promote and enhance financial literacy among the American people. One of the functions of the Council is to obtain information and advice concerning financial literacy. Upon consideration of such information and advice, the Council will advise the President and Secretary of the Treasury on means to improve financial education efforts, promote effective access to financial services, establish effective measures of financial literacy, conduct research on financial knowledge, and strengthen and coordinate financial education programs.

To learn more about the President's Advisory Council on Financial Literacy, go to www.treasury.gov.