Someone decided January was a good time to learn about saving money.
Guess what? You’re in the middle of National Financial Wellness Month, and you probably didn’t even know it. Even if you did know, you have no clue who started it. Neither do we.
This well-intentioned holiday seems to have started last year, when several websites matter-of-factly mentioned it – but most were trying to sell something, from a real estate site to an ID protection service to U.S. News’ University Directory.
So far this year, we haven’t seen any coverage of National Financial Wellness Month. So what happened?
We’ll never know for sure, but most likely, a company simply decided to create the month so it could publicize its products. That happens all the time. January is also Learn to Ski & Snowboard Month and National Oatmeal Month.
But we have a different take on these made-up holidays. Namely…
Any excuse to persuade Americans to improve their financial IQ is a good thing.
Consolidated Credit has always been a big supporter and advocate of the Financial Literacy Month, a legitimate holiday that comes around every April and has been embraced by financial educators for many years.
But any opportunity to educate consumers about finance is never a bad thing. Some folks might think it’s overkill, but it’s crucial. In this country, the average credit card user has more than $7,000 in debt. It’s not boring to overkill if it means you can wipe that out – because after that, every day is a holiday.
Remember your money requires your attention more than four weeks out of 52. So for the rest of January, even if you don’t know the origins of National Financial Wellness Month, get intimate with your money. Check out Consolidated Credit’s free Personal Finance section for budgeting worksheets, online calculators, and advice on improving your credit score. Best of all, you can do it any day of the year.