New Jersey governor proclaims April as Financial Literacy Month

The importance of personal financial know-how to Americans can no longer be overlooked. The New Jersey Society of Certified Public Accountants (NJSCPA) is undertaking a major effort to meet the needs of Garden State residents with information about managing their personal finances more effectively. To help support the initiative, Governor Jon Corzine has proclaimed April 2009 as Financial Literacy Month.

At a time when the country and the Garden State are facing dire economic conditions, New Jersey's state and federal officials are joining Governor Corzine in promoting the teaching of financial literacy. The New Jersey legislature is currently considering a bill that would create a three-year pilot program to instruct students on how to handle their personal finances.

"Financial literacy helps ensure financial security," said U.S. Senator Robert Menendez. "As New Jerseyans tighten their budgets in this economic crisis, it is vital that they have a solid understanding of their finances, particularly when they make big financial decisions for their families. High mortgage payments, credit card debt, health care costs – all of these are challenges families are facing that can be eased with solid financial literacy. I was proud to pass legislation to boost organizations and agencies that provide housing counseling or financial counseling services for financial education, and I am proud to sponsor separate legislation that would help low-income families save their hard-earned money. We are going to emerge stronger and more prosperous under a more stable economy, and financial literacy will be an important part of that recovery."

The NJSCPA organized New Jersey's first Financial Literacy Month in 2006. As part of its ongoing commitment to help Garden State residents, the NJSCPA is sponsoring two special financial literacy seminars in April 2009.

"Fear of Flying Solo" will focus on the needs of women who may be facing the challenges of financial planning by themselves. The seminar will take place on Tuesday, April 7, 3 p.m. to 6 p.m., at the NJSCPA Education Center in Roseland. Online registration is available, or call Jeanette Miller at 973-226-4494, ext. 246. Space is limited, so early registration is advised.

"Real World Survival," on Tuesday, April 28 at the New Brunswick Campus of Rutgers University, is a day-long conference for high school students. About 200 students and their teachers from ten high schools located around the state will be participating.

This program will include seminars on financial planning, information about managing money, an introduction to the accounting profession and tips for professional career development in any field.

For more information about Financial Literacy programs in New Jersey, visit the NJSCPA public service website: www.MoneyMattersNJ.com. You will find information about every aspect of personal financial planning conveniently arranged for easy access based on your specific interests. You can also subscribe to Your Money Matters, the NJSCPA's award-winning, free monthly email newsletter

If you decide you need a financial advisor, a CPA with expertise in personal financial planning can help you. If you don't have a CPA, you can easily locate one online using the NJSCPA's free, online Find-A-CPA service. With a few clicks you can locate a highly qualified professional who can assist you.

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