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 individuals equipped with strong personal finance skills can better manage budgeting, credit, saving, and investing, which is crucial for their long-term financial well-being. In 2021, Rhode Island took a significant step by ensuring that all public high school students receive high-quality personal finance education.

In recognition of the importance of financial literacy, the resolution proclaims April 2025 as "Financial Literacy Month" in Rhode Island. It encourages residents to engage in programs and activities that enhance their financial knowledge during this month and throughout the year. The resolution calls for collaboration among government, businesses, community organizations, and educational institutions to empower consumers and promote informed financial decision-making. A certified copy of the resolution will be sent to the RI JumpStart Coalition to further support these efforts.