SOURCE: Consolidated Credit

Consolidated Credit

April 21, 2016 20:30 ET

Financial Literacy Month 30-Day Check List by Consolidated Credit

Spring Clean Your Finances for Financial Literacy Month -- Helping Consumers to Expand Their Financial Knowledge

FORT LAUDERDALE, FL--(Marketwired - Apr 21, 2016) - April is National Financial Literacy month in the United States and in an effort to highlight the importance of financial literacy among Americans, Consolidated Credit is offering free financial literacy resources to help you build basic financial literacy for you and your family.

Among those free resources, you can find the Financial Literacy Month 30-Day Check List, which consists of:

  • Day 1-5: Budgeting
  • Day 6-10: Saving
  • Day 11-14: Basic needs management
  • Day 15-17: Banking
  • Day 18-20: Healthcare cost management
  • Day 21-23: Credit management
  • Day 24-28: Debt management
  • Day 29-30: Retirement planning

Each week, Consolidated Credit searches for financial research that can help American consumers deal with their debt and budget. CardHub.com released a 2015 Credit Card Debt Study that has reporters from CNBC to The Street asking if 2016 is going to be another 2008 for consumers with credit card debt.

As more Hispanic-Americans gain access to credit and credit cards, they continue to play an expanding role in the American economy. However, they contributed as well to the $71 billion net increase in total nationwide credit card debt level last year. As a result, Consolidated Credit considers vital to teach Hispanic-Americans the basic concepts of personal finance and money management to establish and maintain healthy financial habits.

"The lack of financial education is a pivotal reason behind financial instability and money problems," said Gary Herman, President at ConsolidatedCredit.org. "During National Financial Literacy Month, we want to make sure consumers expand their financial knowledge and have access to reliable financial resources."

Consolidated Credit polled 750 Hispanic credit users nationwide to learn about their views on credit and how they use credit cards every day. Read the results in this infographic "Hispanics and Credit Card Use." A second survey by Consolidated Credit shows greater insights into Latinos and credit card debt. Survey was conducted in Spanish; you can view results here.

Although financial literacy is only spotlighted in the month of April, experts at Consolidated Credit advise to take the initiative this National Financial Literacy Month to not only take control of your personal finances, but spread knowledge and talk with your kids and family about money management skills, how to pay off debt, save and budget.

For more information on National Financial Literacy Month visit ConsolidatedCredit.org and ConsumerFinance.gov. For information in Spanish visit CelebrandoLaHispanidad.com, espanol.consolidatedcredit.org, or call 1-888-556-4152.

About Consolidated Credit:
Consolidated Credit http://www.consolidatedcredit.org/ is one of the nation's largest credit counseling and has helped over 5 million people over more than 20 years with financial issues. Their mission is to assist families throughout the United States in ending financial crisis and solving money management problems through education and professional counseling.

Contact Information

  • Contact
    April Lewis-Parks
    Consolidated Credit Counseling Services, Inc.
    Tel. 954-377-9344
    Email Contact