Austin Scott: “I rise to recognize April as Financial Literacy Month. I have joined with Congresswoman Judy Biggert to introduce H.…”

“I rise to recognize April as Financial Literacy Month. I have joined with Congresswoman Judy Biggert to introduce H. Res. 578 to recognize the goals of Financial Literacy Month. As a member of Congress who has an MBA from the Wharton School of Finance, I believe that there are several steps that Americans can take to gain access to the financial mainstream. The first and most important step is to have fundamental financial literacy. With that knowledge, a consumer can increase access to good credit, home ownership, and be able to invest money for retirement security. The JumpStart Coalition, which is a financial literacy advocacy organization, estimates that only approximately 15 percent of high school graduates in the United States have taken a course covering basic personal finances. Through my work as a member of the House Financial Services Committee, I have come to recognize the importance of integrating economics and personal finance into the K-12 curricula, and the positive impact this can have on millions of future investors.”