The American Institute of CPAs (AICPA) joined U.S. Reps. Steve Stivers (R-Ohio) and Joyce Beatty (D-Ohio), co-chairs of the House Financial and Economic Literacy Caucus and members of the House Financial Services Committee, at Jump$tart’s Annual Financial Literacy Day on Capitol Hill. Jump$tart is a coalition of financial education stakeholders whose national partners include the AICPA. The April 28 event focused on the growing need for financial literacy resources.
Attendees at the event included members of Congress, their staff and the public. The AICPA provided the 500 attendees with financial literacy resources offered by the 360 Degrees of Financial Literacy and Feed the Pig campaigns. Included were the financial literacy version of the Bank On It game and Benjamin Bankes’ Weekly Savings Tip, as well as 401(k) savings and accelerated debt payoff calculators.
For the past 11 years, thousands of people have turned to the AICPA’s flagship program, 360 Degrees of Financial Literacy, for additional financial guidance. The program, which is a volunteer effort of the nation’s CPAs, helps Americans understand their personal finances and develop money management skills. It focuses on financial education as a lifelong endeavor from children learning about the value of money, to adults reaching a secure retirement. In addition, Feed the Pig, the AICPA’s award-winning public service campaign, has provided tools and resources aimed specifically at Americans aged 25-34, an age group that is making major life decisions, often with little financial experience or guidance.