April Is Financial Literacy Month

Celebrating Financial Literacy Month in April

At MaxLend, we want to let our customers know that April is Financial Literacy Month. Why? Because we like to help our customers by providing information related to money, loans, and finances.

Some people may not be sure what the term “financial literacy” means. If you don’t work in the financial district, or you aren’t looking at a financial statement, then you might even be confused about what “financial” means. Don’t worry. The term “financial” simply means relating to financiers or finance – related to money matters. When paired with the word literacy, it refers to a person’s understanding of things related to finances. This can include budgeting, personal finances, and investing. Basically, financial literacy means understanding the body of knowledge that allows people to make sound financial plans and decisions.

Below, we answer some questions about Financial Literacy Month, including:

  • When did this annual tradition start?
  • What is the goal of having a month dedicated to financial literacy?
  • Why is learning about this helpful?

When Did Financial Literacy Month Start?

In 2003, the US Senate passed a resolution designating April Financial Literacy Month. Later, in 2016, the name was changed to National Financial Capability Month. The goal was to commit resources enabling Americans to obtain trustworthy and impartial education regarding finances, financial services, and other similar topics or products.¹

Each year, the US Securities and Exchange Commission’s Office of Investor Education and Advocacy announces a new theme for the month. In 2023, the theme is “Investing for everyone.”

Even if you aren’t currently interested in investing, that doesn’t mean you shouldn’t learn about it so that you will be educated on the topic and prepared to make sound financial decisions in the future.

What Is Financial Literacy Month?

If you are still asking “What is financial literacy month?” MaxLend can help. Regional offices of the SEC promote National Financial Capability Month in their areas. They do this by hosting outreach events, a Facebook Live event with AARP, and many other events across the nation, including some focused on helping high school students and others created especially for members of the military.²

What if you are unable to attend these events in person? That shouldn’t be a problem. Many of these events are recorded and posted. You can view them and improve your financial literacy when it’s convenient for you.

Why Is Financial Literacy Important?

There are many reasons why financial literacy is essential. Here are some:

  • Help avoid scams: The more you know about finances, the more aware you are of money and spending. This means it may be easier to recognize scams designed to take advantage of you.
  • Gives you confidence: Learning about different aspects of your finances helps give you confidence to manage them well and improve the financial stability of your life. Developing a sound base in your financial literacy is a confidence booster.
  • Assists you in making informed decisions: What you don’t know CAN hurt you. The more financially literate you are, the more resilient you may be in challenging monetary situations.

Learning About Financial Literacy Awareness Month With MaxLend

Now that you know that April is National Financial Capability Month, or Financial Literacy Awareness Month, maybe it’s time to look at your own financial situation. Maybe you’re about to be behind in your bills, or you are looking to avoid overdraft fees with your bank. Whatever reason you have for needing a little extra cash, MaxLend may be able to help. 

Sometimes expenses pop up out of the blue. These could be unforeseen car repair bills, unexpected veterinary bills,  or even repairs to your home sweet home. If this has happened to you, why not apply for a personal loan with MaxLend

MaxLend offers cash loans that can be used for many different expenses. These loans are alternative solutions to payday loans. In the same way that we’ve helped thousands of others, we may be able to help you. It’s easy to get started now and apply for cash online.

If you want to learn more about how our loans work or get answers to some additional questions, go to our website or call MaxLend at 877-936-4336. There are other benefits to taking out quick cash loans with MaxLend, including the MaxLend Preferred Rewards program. If you qualify for a loan, you also may be eligible for Same Day Funding.* Get started and apply today.


1 – Dept of Higher Education and Workforce Development – Financial Literacy Month
2 – SEC – SEC to Highlight Free Investor Education Resources During Financial Capability Month


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*Same Day Funding is available on business days where pre-approval, eSignature of the loan agreement and completion of the confirmation call, if a call is required, have occurred by 11:45 a.m. Eastern Time and a customer elects ACH as payment method. Customers who complete this process by 1:30 p.m. Eastern on business days may still receive funds on the same day, but some banks may not disburse the funds until the next business day. Other restrictions may apply. Certain financial institutions do not support same day funded transactions. When Same Day Funding is not available, funding will occur the next business day.

The content on this site is for informational purposes only and is not professional financial advice. MaxLend does not assume responsibility for information given. All information should be weighed against your own abilities and circumstances and applied accordingly. It is up to readers to determine if this information is safe and suitable for their own situations.

MaxLend, is a sovereign enterprise, an economic development arm and instrumentality of, and wholly-owned and controlled by, the Mandan, Hidatsa, and Arikara Nation, a federally-recognized sovereign American Indian Tribe. (the “Tribe”). This means that MaxLend’s loan products are provided by a sovereign government and the proceeds of our business fund governmental services for Tribe citizens. This also means that MaxLend is not subject to suit or service of process. Rather, MaxLend is regulated by the Tribe. If you do business with MaxLend, your potential forums for dispute resolution will be limited to those available under Tribal law and your loan agreement. As more specifically set forth in MaxLend’s contracts, these forums include an informal but affordable and efficient Tribal dispute resolution, or individual arbitration before a neutral arbitrator. Otherwise, MaxLend is not subject to suit or service of process. Nothing in this website is intended to waive or otherwise prejudice MaxLend’s entitlement to these protections. Neither MaxLend nor the Tribe has waived its sovereign immunity in connection with any claims relative to use of this website. If you are not comfortable doing business with sovereign instrumentality that cannot be sued in court, you should discontinue use of this website.