PRINTER'S NO. 1882
No. 273 Session of 2008
INTRODUCED BY D. WHITE, PILEGGI, KASUNIC, FONTANA, MUSTO,
GREENLEAF, STOUT, STACK, FERLO, TARTAGLIONE, C. WILLIAMS,
LOGAN, BAKER AND PIPPY, APRIL 1, 2008
INTRODUCED AND ADOPTED, APRIL 1, 2008
A RESOLUTION
1 Recognizing the month of April 2008 as "Financial Education
2 Month" in Pennsylvania.
3 WHEREAS, Over the past decade, there has been a significant
4 increase in personal bankruptcy and foreclosure filings and an
5 increasing amount of family income devoted to decreasing debt;
6 and
7 WHEREAS, The understanding of personal finance has become
8 increasingly important because the evolution of our financial
9 system has resulted in an expanded availability of credit, a
10 wider array of savings and investment products and an increased
11 responsibility for retirement savings by employees; and
12 WHEREAS, Financial literacy improves the quality of life for
13 all residents of this Commonwealth and encourages greater
14 economic self-sufficiency, higher levels of homeownership and
15 enhanced retirement security; and
16 WHEREAS, Basic education and training in personal finance can
17 help form a lifetime of habits devoted to sound money
1 management, wise use of credit and debit and increased savings
2 and investing; and
3 WHEREAS, Financial literacy will help diminish problems of
4 predatory lending, bankruptcy and high indebtedness, empowering
5 individuals to make wise financial decisions; therefore be it
6 RESOLVED, That the month of April 2008 is recognized as
7 "Financial Education Month" in Pennsylvania.
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