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TO APPLAUD THE NEWLY FORMED SOUTH CAROLINA JUMP$TART COALITION FOR PERSONAL FINANCIAL LITERACY AND RECOGNIZE APRIL 11-15, 2005, AS "SOUTH CAROLINA FINANCIAL LITERACY WEEK".
Whereas, the Jump$tart Coalition for Personal Financial Literacy, first convened in 1995, determined that the average high school graduate lacks basic skills in the management of personal financial affairs; and
Whereas, funded by some of the nation's largest corporations and foundations, the Jump$tart Coalition embarked on a mission to improve the personal financial literacy of young adults; and
Whereas, the newly formed South Carolina Jump$tart Coalition seeks to empower children and young adults with skills that will eventually lead them and their families to make informed, responsible financial decisions; and
Whereas, the South Carolina Jump$tart Coalition will achieve this goal by continually evaluating the level of financial literacy among young adults; developing, disseminating, and encouraging the use of standards for grades K-12; and promoting grassroots support and participation for the teaching of personal finance; and
Whereas, the South Carolina Jump$tart Coalition is dedicated to working with critical individuals within the State that are familiar with the needs of children in the grades K-12; and
Whereas, promoting and reinforcing good financial habits early on is critical to the financial health of South Carolina. All young adults need to have the financial literacy necessary to make informed financial decisions; and
Whereas, establishing April 11-15, 2005, as "South Carolina Financial Week" will increase public awareness of the Jump$tart Coalition though press coverage and encourage community involvement. Now, therefore,
Be it resolved by the House of Representatives, the Senate concurring:
That the members of the General Assembly of the State of South Carolina, by this resolution, applaud the newly formed South Carolina Jump$tart Coalition for Personal Financial Literacy and recognize April 11-15, 2005, as "South Carolina Financial Literacy Week".
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