State Rep. Rodney Wakeman speaks in support of his resolution to declare April as Financial Literacy Month in Michigan.
State Rep. Rodney Wakeman recently led the House in adopting a measure to declare April as Financial Literacy Month in Michigan.
Wakeman, of Saginaw Township, introduced the resolution to bring awareness to the importance of financial literacy.
“As Vice Chair of Financial Services, I want to ensure that residents of Michigan possess the skills and knowledge that will allow them to make informed and effective financial decisions,” Wakeman said. “It’s incredibly important for all of us, especially young people, to learn healthy financial habits. A strong understanding of credit, debt and other financial management skills will build a strong foundation for future success in life.”
Only 57% of adults can be described as financially literate, according to a comprehensive 2014 study conducted by the Global Financial Literacy Excellence Center. A recent Gallup poll found just 1 in 3 Americans reported having a household budget.
“I hear people’s concerns and remain focused on common-sense reforms that have broad support,” Wakeman said. “These changes will ensure best practices are followed in future elections and help restore faith that our processes are safe and secure.”
Rep. Wakeman talks about the House vote Wednesday to approve the citizen petition repealing the Governor’s emergency powers granted under a 1945 law, saying today’s vote reflects the will of the people.
State Rep. Rodney Wakeman and the Michigan House today approved the Unlock Michigan citizens’ initiative to repeal the unconstitutional state law Gov. Gretchen Whitmer used to hold unilateral power over the people of Michigan during the early portion of the COVID-19 pandemic.