The resolution emphasizes the importance of financial literacy for all Rhode Islanders, asserting that every individual should have the opportunity to achieve financial security regardless of their background. It highlights the complexities of the financial system and the challenges many residents face in making informed financial decisions. The resolution notes that strong personal finance skills are essential for budgeting, credit management, saving, investing, and asset protection. In 2021, Rhode Island enacted legislation to ensure that all public high school students receive high-quality personal finance education, and it calls for collaboration among government, businesses, and community organizations to empower consumers and promote financial stability.
In recognition of these efforts, the resolution proclaims April 2025 as "Financial Literacy Month" in Rhode Island, encouraging residents to engage in programs and activities that enhance their financial knowledge. It underscores the state's commitment to financial education and the belief that improving financial skills is an investment in a brighter future for individuals and the nation as a whole. The resolution also directs the Secretary of State to transmit a certified copy to the RI JumpStart Coalition, reinforcing the collaborative approach to financial empowerment in the state.