Memorializing Governor Kathy Hochul to proclaim April 2026 as Financial Literacy Month in the State of New York

Assembly Resolution No. 1183

BY: M. of A. Vanel

        MEMORIALIZING  Governor  Kathy  Hochul to proclaim
        April 2026 as Financial Literacy Month in the  State
        of New York

  WHEREAS,  The  State  of New York takes great pride in acknowledging
months in recognition of important issues; and

  WHEREAS, Financial Literacy Month  will  be  celebrated  during  the
month of April 2026; and

  WHEREAS,  Personal  financial  literacy ensures that individuals are
prepared to manage money, credit, and debt; it also  helps  them  become
responsible  workers,  heads  of  households,  investors, entrepreneurs,
business leaders, and citizens; and

  WHEREAS, Credit card debt is the third largest source  of  household
indebtedness; mortgage and student loans debt markets are larger; and

  WHEREAS,  Sixty-two  percent of all Americans are living paycheck to
paycheck; and

  WHEREAS, Expanding access to these mainstream financial institutions
will provide individuals with less expensive and more secure options for
managing their finances and building wealth; and

  WHEREAS, Increased financial literacy empowers individuals  to  make
wise  decisions  and  reduces  the  confusion caused by the increasingly
complex economy; and

  WHEREAS, Because of the present financial crisis, there  is  a  need
for further support through government and private partnerships that can
provide  efficient  use of resources to leverage technology advancements
to reach additional consumers; and

  WHEREAS, A greater understanding of, and familiarity with  financial
markets  and  institutions  will lead to increased economic activity and
growth; now, therefore, be it

  RESOLVED, That this Legislative Body pause in  its  deliberation  to
memorialize  Governor  Kathy  Hochul to proclaim April 2026 as Financial
Literacy Month in the State of New York; and be it further

  RESOLVED, That a copy of this  Resolution,  suitably  engrossed,  be
transmitted  to The Honorable Kathy Hochul, Governor of the State of New
York.