2020 Financial Literacy Month Calendar
April is financial literacy month. Here's what's happening, and what's been postponed.
2020 Financial Literacy Month Events
The Annual Conference on Financial Education
When: September 28 – 30
March 23 – 25
Where: New Orleans, Louisiana
The Annual Conference on Financial Education is a chance for professionals to come together to celebrate progress in financial education.
The conference is hosted by the Institute for Financial Literacy, a nonprofit dedicated to financial education and counseling. Attendees have the chance to share strategies, tips, and techniques for achieving funding and sustainability in their home programs.
One hundred fifty professionals annually attend the conference representing diverse industries, including banking, K-12 education, higher education, social services, government, and military. Attendees also hail from across the United States and countries around the globe. Represented countries include Australia, Canada, Mexico, the Philippines, Saudi Arabia, Turkey, and the United Kingdom.
Money Smart Week
When: Postponed until 2021
April 4 – 11
In 2001, the Federal Reserve Bank of Chicago convened the first meeting of the Money Smart Advisory Council. This council was a diverse group that included more than 40 Chicago-area organizations. Their commonality was to promote financial literacy.
The result? The council shared resources and ideas to achieve greater public awareness about the financial programs and services available in the Chicagoland area.
One year later, the council organized six days of financial education presentations. Presenters included professionals from financial institutions, government agencies, and educational organizations. All of the programming was uniquely designed with consumers in mind.
In 2019, the Money Smart Week campaign reached 152,036 participants across 45 states with the help of 3,806 partners hosting 4,004 events.
In response to the COVID-19 pandemic, The Federal Reserve Bank of Chicago canceled Money Smart Week 2020. The Federal Reserve asks all participants to cancel events, advertising, and related promotions in their communities.
Throughout April, check their social media to stay connected through consumer-friendly resources. You can also follow the hashtag, #MSW2020. Get ready to attend the re-launch of Money Smart Week in 2021.
Jump$tart Annual Awards Dinner
Where: Washington, D.C.
The Jump$tart Annual Awards Dinner is regularly held during Financial Literacy Month in April. The night is dedicated to celebrating individual and organizational achievements in the field of financial literacy education.
This is a great opportunity to mingle and network. A variety of professionals will attend – including Jump$tart leadership, national partners, state leaders, and local advocates.
The 2019 dinner, “One Mission, Many Voices,” recognized several deserving recipients. For instance, New Jersey was recognized as the State Coalition of the Year and Visa received the innovation award.
In light of COVID-19, the Jump$tart Coalition announced the rescheduling of all FinFest 2020 events, including the Jump$tart Annual Awards Dinner. The Annual Awards Dinner is rescheduled to December 2020 to coincide with Jump$tart’s 25th anniversary celebrations.
Stay tuned for more information about Jump$tart’s rescheduled programs.
Financial Literacy Day on Capitol Hill
When: June 24
Where: Washington, D.C.
Jump$tart’s Financial Literacy Day on Capitol Hill, or Hill Day, occurs each year during Financial Literacy Month.
Introduced in 2003, Hill Day began as a small gathering hosted by members of Congress. Now it has become a public event that attracts hundreds of participants. Each year, the venue on Capitol Hill alternates between an office located in the House of Representatives and the Senate.
Hill Day 2019 was hosted by representatives Joyce Beatty (D) and Steve Stivers (R) of Ohio.
Due to COVID-19, Jump$tart has moved Hill Day 2020 later in the year to June, 2020.
Stay up-to-date about the latest happenings with Financial Literacy Day on Capitol Hill on their website.
History of Financial Literacy Month
Financial Literacy Month began not as a month, but as a day. In 2000, the National Endowment for Financial Education (NEFE) created Financial Literacy Day – an extension of its High School Financial Planning Program. The day championed financial programming aimed at young people. The Jump$tart Coalition was brought on board to help promote and expand Youth Financial Literacy Day. By focusing on financial literacy, the organizations expanded the event into an entire month’s worth of activities, events, and education for all.
In 2003, the U.S. Congress officially backed the idea of financial literacy month. Thanks to Senate Resolution 48 and House Resolution 127, the proposal made its way to the desk of President George W. Bush. It’s important to note that at this time, several states had already dedicated April to financial education. Responding to the resolutions, President Bush declared April as Financial Literacy for Youth Month
In 2004, Senator Daniel Akaka sponsored Senate Resolution 316 to designate April as National Financial Literacy Month. The resolution was intended to raise public awareness about the importance of financial education along with the consequences associated with a lack of personal finance. It passed unanimously and the rest is history, including recent advances in 2018 and 2019.
April is National Financial Literacy Month. Although in-person events may be canceled due to COVID-19, there are still digital offerings to stay connected. Check college, university, library, and financial institutions for a schedule of free financial literacy webinars, conferences, and courses. Online financial literacy lessons are another great option, especially if you’re practicing social distancing.
And be sure to advocate for increased financial literacy programming all year long!
Are you hosting or do you know of a virtual financial literacy event? Spread the word @OppUniversity.
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