,,iv  #aac? ,,congress  #b;d ,session   
,h4 ,,res4 #ece  ,,9 ,,! ,,h\se ,,(     
,,repres5tatives  ,april #b1 #bjad ,mr4 
,h9ojosa 7= himself & ,mr4 ,/iv]s7      
submitt$ ! foll[+ resolution2 :i* 0     
ref]r$ to ! ,committee on ,ov]sight &   
,gov]nm5t ,re=m  ,,resolution  ,support+
 ! goals & ideals ( ,f9ancial ,lit]acy  
,mon?4  ,:]eas p]sonal f9ancial lit]acy 
is ess5tial to ensure t individuals are 
prep>$ to make in=m$ f9ancial *oices s t
 !y c become successful heads (         
h\sehold1 inve/ors1 entrepr5eurs1 &     
bus9ess lead]s2 ,:]eas f9ancial         
education is ! fir/ l9e ( def5se aga9/  
f9ancial fraud & secur+ a prosp]\s      
future2 ,:]eas accord+ to ! ,f$]al      
,deposit ,insurance ,corporation1 at    
lea/ #bh4b p]c5t ( h\seholds 9 ! ,unit$ 
,/ates are unbank$ or und]bank$ &1      
subsequ5tly1 h miss$ opportunities =    
sav+s1 l5d+1 & basic f9ancial s]vices2  
,:]eas almo/ #ee4c p]c5t ( ,black       
h\seholds1 & #dh4f p]c5t ( ,hispanic    
h\seholds are ei!r unbank$ or und]bank$2

 ,:]eas accord+ to ! #bjac ,consum]     
,f9ancial ,lit]acy ,survey ,f9al ,report
 ( ! ,national ,f\ndation = ,cr$it      
,c\nsel+1 #dj p]c5t ( adults 9 ! ,unit$ 
,/ates gave !mselves a grade ( ,c1 ,d1  
or ,f on _! k ( p]sonal f9ance2 ,:]eas !
 #bjad ,retirem5t ,confid5ce ,survey    
conduct$ by ! ,employee ,b5efit ,rese>* 
,in/itute f\nd t only #ah p]c5t ( work]s
 7 v confid5t ab\t hav+ en\gh money = a 
com=table retirem5t1 up by #e p]c5t     
po9ts f ! previ\s ye>1 b a %>p decl9e 9 
work] confid5ce f ! #bg p]c5t ( work]s  
:o 7 v confid5t 9 #bjjg2 ,:]eas accord+ 
to ! #bjad ,retirem5t ,confid5ce ,survey
 conduct$ by ! ,employee ,b5efit ,rese>*
 ,in/itute1 less ?an half ( work]s 7#dd 
p]c5t7 9 ! ,unit$ ,/ates h tri$ to      
calculate h[ mu* !y ne$ to save =       
retirem5t2 ,:]eas ! #bjad ,retirem5t    
,confid5ce ,survey conduct$ by !        
,employee ,b5efit ,rese>* ,in/itute f\nd
 t #eh p]c5t ( work]s & #dd p]c5t (     
retirees report hav+ a problem ) _!     
level ( debt2 ,:]eas accord+ to a #bjad 

,fl[ ( ,funds report by ! ,bo>d (       
,gov]nors ( ! ,f$]al ,res]ve ,sy/em1    
h\sehold debt /ood at                   
#ac1ajj1jjj1jjj1jjj at ! end ( ! f\r?   
qu>t] ( #bjac2 ,:]eas accord+ to ! #bjac
 ,consum] ,f9ancial ,lit]acy ,survey    
,f9al ,report ( ! ,national ,f\ndation =
 ,cr$it ,c\nsel+1 #bf p]c5t1 or m ?an   
#fa1jjj1jjj adults1 admit to n pay+ all 
( _! bills on "t1 a decrease f #cc p]c5t
 or #gg1jjj1jjj adults 9 #bjab2 ,:]eas  
accord+ to ! #bjac ,consum] ,f9ancial   
,lit]acy ,survey ,f9al ,report ( !      
,national ,f\ndation = ,cr$it ,c\nsel+1 
only #dj p]c5t ( adults keep close track
 ( _! sp5d+2 ,:]eas accord+ to ! #bjac  
,consum] ,f9ancial ,lit]acy ,survey     
,f9al ,report ( ! ,national ,f\ndation =
 ,cr$it ,c\nsel+1 #ca p]c5t ( adults 9 !
 ,unit$ ,/ates report t !y h no sav+s1 &
 #dc p]c5t ( ,unit$ ,/ates adults say !y
 are sav+ less 9 #bjac ?an ! ye> be=e2  
,:]eas accord+ to ! sev5? ,c\ncil =     
,economic ,education bi5nial ,survey ( !
 ,/ates #bjad3 ,economic1 ,p]sonal      

,f9ance1 & ,entrepr5eur%ip ,education 9 
,our ,nation's ,s*ools1 only #bb ,/ates 
require /ud5ts to take an economics     
c\rse z a high s*ool graduation         
requirem5t1 & only #af ,/ates require ! 
te/+ ( /ud5t k 9 economics1 d[n f #be 9 
#aiih2 ,:]eas accord+ to ! sev5? ,c\ncil
 = ,economic ,education bi5nial ,survey 
( ! ,/ates #bjad3 ,economic1 ,p]sonal   
,f9ance1 & ,entrepr5eur%ip ,education 9 
,our ,nation's ,s*ools1 only #ag ,/ates 
require /ud5ts to take a p]sonal f9ance 
c\rse ei!r indep5d5tly or z "p ( an     
economics c\rse z a high s*ool          
graduation requirem5t2 ,:]eas accord+ to
 ! #bjac ,girl ,sc\t ,rese>* ,in/itute's
 report1 ,hav+ ,x ,all3 ,girls          
,f9ancial ,lit]acy1 #ij p]c5t ( girls   
say x is important to le>n h[ to manage 
money b j #ab p]c5t say !y feel confid5t
 9 mak+ f9ancial decisions2 ,:]eas exp&+
 access to ! ma9/ream f9ancial sy/em w  
provide individuals ) less exp5sive & m 
secure options = manag+ f9ances & build+
 weal?2 ,:]eas quality p]sonal f9ancial 

education is ess5tial to ensure t       
individuals are prep>$ to manage money1 
cr$it1 & debt1 & to become responsible  
work]s1 heads ( h\seholds1 inve/ors1    
entrepr5eurs1 bus9ess lead]s1 & citiz5s2
 ,:]eas increas$ f9ancial lit]acy emp[]s
 individuals to make wise f9ancial      
decisions & r$uces ! confusion caus$ by 
an increas+ly complex economy2 ,:]eas a 
great] und]/&+ (1 & famili>ity )1       
f9ancial m>kets & in/itutions w lead to 
increas$ economic activity & gr[?2      
,:]eas 9 #bjjc1 ,congress f\nd x        
important to coord9ate ,f$]al f9ancial  
lit]acy ef=ts & =mulate a national      
/rategy2 & ,:]eas 9 light ( t f9d+1     
,congress pass$ ! ,f9ancial ,lit]acy &  
,education ,improvem5t ,act1 e/abli%+ ! 
,f9ancial ,lit]acy & ,education         
,commission3 ,n[1 !re=e1 be x  ,t !     
,h\se ( ,repres5tatives--  7#a7 supports
 ! goals & ideals ( ,f9ancial ,lit]acy  
,mon?1 to raise public aw>5ess ab\t--   
7,a7 ! importance ( p]sonal f9ancial    
education 9 ! ,unit$ ,/ates2 &  7,b7 !  

s]i\s consequ5ces t may result f a lack 
( und]/&+ ab\t p]sonal f9ances2 &  7#b7 
calls on ! ,f$]al ,gov]nm5t1 ,/ates1    
localities1 s*ools1 nonpr(it            
organizations1 bus9esses1 & ! p ( !     
,unit$ ,/ates to support ! goals &      
ideals ( ,f9ancial ,lit]acy ,mon? )     
appropriate programs & activities4