,,iv  #aae? ,,congress  #a/ ,session    
,h4 ,,res4 #bdc  ,,9 ,,! ,,h\se ,,(     
,,repres5tatives  ,april #c1 #bjag,mrs4 
,beatty 7= h]self & ,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 accord+ to ! ,f$]al      
,deposit ,insurance ,corporation 7ref]r$
 h]e9aft] z ! ,,fdic71 at lea/ #bg4g    
p]c5t ( h\seholds 9 ! ,unit$ ,/ates1 or 
ne>ly #cd1djj1jjj h\seholds )           
approximately #fg1fjj1jjj adults1 are   
unbank$ or und]bank$ & !re=e h n _h an  
opportunity to access sav+s1 l5d+1 & o!r
 basic f9ancial s]vices2 ,:]eas accord+ 
to ! ,,fdic1 approximately #cj p]c5t (  
banks report$ 9 #bjaa t consum]s lack$  
an und]/&+ ( ! f9ancial products &      
s]vices banks (f]$2 ,:]eas accord+ to ! 
#bjaf ,consum] ,f9ancial ,lit]acy       
,survey f9al report ( ! ,national       
,f\ndation = ,cr$it ,c\nsel+--  7#a7    
approximately #dd p]c5t ( adults 9 !    

,unit$ ,/ates gave !mselves a grade (   
,c1 ,d1 or ,f on _! k ( p]sonal f9ance2 
7#b7 #ge p]c5t ( adults 9 ! ,unit$      
,/ates ackn[l$g$ t !y c\ld b5efit f     
additional advice & answ]s to ev]yday   
f9ancial que/ions f a pr(essional2  7#c7
 #bb p]c5t ( adults 9 ! ,unit$ ,/ates   
admitt$ to n pay+ bills on "t2  7#d7 #a 
9 #c h\seholds report$ c>ry+ cr$it c>d  
debt f mon?-to-mon?2  7#e7 only #dj     
p]c5t ( adults 9 ! ,unit$ ,/ates report$
 keep+ close track ( _! sp5d+1 a        
p]c5tage t held /eady s9ce #bjjg2 &     
7#f7 #ad p]c5t ( adults 9 ! ,unit$      
,/ates id5tifi$ n hav+ en\gh ra9y day   
sav+s = an em]g5cy1 & #ae p]c5t ( adults
 9 ! ,unit$ ,/ates id5tifi$ n hav+ en\gh
 money set aside = retirem5t1 z ! mo/   
worrisome area ( p]sonal f9ance2  ,:]eas
 ! #bjaf ,retirem5t ,confid5ce ,survey  
conduct$ by ! ,employee ,b5efit ,rese>* 
,in/itute f\nd t #ai p]c5t ( work]s 7 n 
at all confid5t t !y _h en\gh money to  
retire2 ,:]eas accord+ to ! /ati/ical   
release ( ! ,bo>d ( ,gov]nors ( ! ,f$]al

 ,res]ve ,sy/em = ! f\r? qu>t] ( #bjaf  
entitl$ ,f9ancial ,acc\nts ( ! ,unit$   
,/ates3 ,fl[ ( ,funds1 ,balance ,%eets1 
& ,integrat$ ,macroeconomic ,acc\nts1   
out/&+ h\sehold debt 9 ! ,unit$ ,/ates 0
 #ad4h trillion at ! end ( ! f\r? qu>t] 
( #bjaf2 ,:]eas accord+ to ! #bjaf      
,survey ( ! ,/ates3 ,economic & ,p]sonal
 ,f9ance ,education 9 ,our ,nation's    
,s*ools1 a bi5nial report by ! ,c\ncil =
 ,economic ,education--  7#a7 only #bj  
,/ates require /ud5ts to take an        
economics c\rse z a high s*ool          
graduation requirem5t2 &  7#b7 only #ag 
,/ates require /ud5ts to take a p]sonal 
f9ance c\rse z a high s*ool graduation  
requirem5t1 ei!r indep5d5tly or z "p (  
an economics c\rse2  ,:]eas accord+ to !
 ,gallup-,,hope ,index1 only #eb p]c5t (
 /ud5ts 9 ! ,unit$ ,/ates h money 9 a   
bank or cr$it union acc\nt2 ,:]eas exp&+
 access to ! safe1 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>$--    
7#a7 to manage money1 cr$it1 & debt2 &  
7#b7 to become responsible work]s1 heads
 ( h\sehold1 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 &    
,:]eas1 9 #bjjc1 ,congress-- 7#a7       
det]m9$ t coord9at+ ,f$]al f9ancial     
lit]acy ef=ts & =mulat+ a national      
/rategy is important2 &  7#b7 9 light ( 
t det]m9ation1 pass$ ! ,f9ancial        
,lit]acy & ,education ,improvem5t ,act  
7#bj ,u4,s4,c4 #igja et seq471 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? 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 obs]ve ,f9ancial       
,lit]acy ,mon? ) appropriate programs & 
activities4