National Financial Capability Month - April is National Financial Capability Month and we have the tips and tricks you need to know to make the most of it. Let's read on!

National Financial Capability Month 2024 – April 2024

National Financial Capability Month is observed during the month of April every year. It is a time to highlight the value of high-quality financial education to improve Americans’ financial capability. The first step toward a brighter financial future is to educate yourself and be aware of your possibilities, and this month is the perfect time to do that.

History of National Financial Capability Month

Since the dawn of civilization, finance has existed in some form or another. Whether it was for grains and cattle or actual money, banking has been around since 3000 B.C. Temples and palaces were previously used as safes, and trade was facilitated through the use of lending and the concept of interest. Money eventually became characterized as the financial system’s primary “valuable.”The management, development, and study of money is referred to as finance. It is concerned with how a group or individual obtains money, as well as how they spend and/or invest it. It is a complex yet essential system of society and is a key player in determining how the world works. To truly boil things down, finance is your ability to manage money and your capability to do it well. This is where financial capability comes in.Financial literacy is required to effectively handle money. Financial literacy is a combination of skills and information that allows a person to make informed and effective financial decisions using all of their available resources. Countries such as Australia, Canada, Japan, the United States, and the United Kingdom realize the importance of this and are now focusing on increasing interest in personal finance. People who understand basic financial concepts can better navigate the financial system and make better financial judgments and manage their money than those who have not.Being financially literate and aware of the tips and tricks to this system makes you capable of effectively managing money. National Financial Capability Month is an initiative to highlight the importance of financial capability and literacy and to educate individuals on becoming more aware and efficient.

National Financial Capability Month timeline

3000 B.C.
Babylon Banks

Temples and palaces emerge as safe places to store valuables.

1792 B.C. — 1750 B.C.
Banking Laws

The Code of Hammurabi outlines banking laws.

1200 B.C.
Shell Money

Cowrie shells are used as money in China.

640 B.C.
Coin Money

The Lydians start to use coin money.

National Financial Capability Month FAQs

When is National Financial Awareness Day?

National Financial Awareness Day is recognized on August 14th every year.

When was paper money made?

The first paper money is believed to be printed in China during AD 960 – 1279.

When were dollars made?

The first-ever dollar bill was printed in 1862.

How to Observe National Financial Capability Month

  1. Evaluate your financial capability

    Knowing where you stand financially is the first step toward becoming financially capable. Examine your bank account, wages, expenses, credit reports, and other financial information to gain a better understanding of your present financial situation.

  2. Learn about financial capability

    This month, set aside some time to learn more about the financial system in general. Learn about the various investment options and opportunities available, as well as other aspects of financial management.

  3. Elevate your financial capability

    Consider the possibilities and opportunities you've discovered as a result of your research and determine whether any of them correspond with your financial objectives. This could be an investment opportunity or simply creating a new budget for yourself; either way, you're taking a step toward financial independence.

5 Facts About Money That You Probably Didn’t Know

  1. Be careful with the $20 bill

    The $20 bill is the most counterfeited bill of all time.

  2. It could be from North Korea

    North Korea specializes in counterfeiting U.S. currency.

  3. The lifespan can be short

    A typical $1 bill only lasts for about 18 months,

  4. Most of it is digital

    Only 8% of the world’s currency is physical money.

  5. It can be costly

    It costs the government $0.02 to make a penny.

Why National Financial Capability Month is Important

  1. It gives us a chance to be proactive

    Financial emergencies seldom send out an announcement before they come. This month gives us the opportunity to keep one step ahead of the game and plan for the future rather than being caught off guard by a lack of foresight and planning.

  2. It reminds us of the value of money

    Money is one of the most important factors of life and survival. As a result, the finance system is incredibly powerful and it is important to stay aware of it and in tune to keep moving forward.

  3. It enables us to take control

    No matter what the situation is, becoming aware and educated is a great stepping stone to take charge and turn things over. This month a ton of organizations and experts share tips and tricks and resources in order to get more financially capable than ever.

National Financial Capability Month dates

Year Date Day
2023 April 1 Saturday
2024 April 1 Monday
2025 April 1 Tuesday
2026 April 1 Wednesday
2027 April 1 Thursday
Take Down Tobacco National Day of Action
April Fools' Day
National One Cent Day
International Fun at Work Day
National Sourdough Bread Day
Edible Book Day
Fossil Fools Day
Odisha Day
Tatting Day
Library Snap Shot Day
Mathematics and Statistics Awareness Month
Lupus Alert Day
St. Stupid Day
National Fun Day
Nickelodeon Anniversary Celebration Day
Reading is Funny Day
U.S. Air Force Academy Day
Martyrdom of Imam Ali
Boomer Bonus Days
Nature Day
Cyprus National Holiday
White House Easter Egg Roll
Community Garden Week
Assyrian New Year
National Trombone Players Day
Dyngus Day
Myles Day
National Connor Day
National Loyal Day
National Greeting Card Day
U.S. Air Force Academy Day
Investiture of the Captains Regent in San Marino
Logan Paul's Birthday
Rachel Maddow's Birthday
Randy Orton's Birthday
Jonny May's Birthday
Sean Taylor's Birthday
National Window Safety Week
Testicular Cancer Awareness Week
National Public Health Week
Be Kind to Spiders Week
Medication Safety Week
National Bake Week
National Cancer Registrars Week
International Pooper Scooper Week
Laugh at Work Week
National Blue Ribbon Week
Golden Rule Week
Take Your Poet to School Week
Keep America Beautiful Month
Move More Month
National Humor Month
National Soft Pretzel Month
National Soy Foods Month
Prevention of Cruelty to Animals Month
Scottish American Heritage Month
Sexual Assault Awareness Month
Stress Awareness Month
National Poetry Month
National Welding Month
National Month of Hope
Child Abuse Awareness Month
National Volunteer Month
National Pecan Month
Month of the Military Child
Jazz Appreciation Month
National Internship Awareness Month
Couple Appreciation Month
IBS Month
National Alcohol Awareness Month
National Multiple Birth Awareness Month
National Decorating Month
National Garden Month
Occupational Therapy Month
Records and Information Management Month
Parkinson's Awareness Month
National Fresh Celery Month
Canine Fitness Month
Testicular Cancer Awareness Month
Autism Acceptance Month
Financial Literacy Month
World Landscape Architecture Month
National Car Care Month
Fair Housing Month
Distracted Driving Awareness Month
National Grilled Cheese Month
National Youth Sports Safety Month
Counseling Awareness Month
Straw Hat Month
National Knuckles Down Month
Confederate History Month
Prevent Lyme Disease in Dogs Month
STI Awareness Month
Primary Immunodeficiency Awareness Month
National Garlic Month
Panagyaman Rice Festival
Earth Month
Physical Wellness Month
Filipino Food Month
National Literature Month
Workplace Conflict Awareness Month
National Woodworking Month
Rosacea Awareness Month
Defeat Diabetes Month
National Foot Health Awareness Month
Fresh Florida Tomato Month
National African American Women's Fitness Month
Global Child Nutrition Month
Emotional Overeating Awareness Month
School Library Month
International Amateur Radio Month
Poetic Earth Month
Ridvan Festival (Bahá'i)
Dog Appreciation Month
Brussels Sprouts and Cabbage Month
SunSmart Skin Cancer Prevention
Children and Nature Awareness Month
National Minority Health Month
Bowel Cancer Awareness Month
National Pet First Aid Awareness Month
National Sexual Assault Awareness and Prevention Month
Step up for 30 For Bowel Cancer Month
National Adopt a Greyhound Month
National Sjogren's Syndrome Awareness Month
Summer Tire Changeover Month
Parliamentary Law Month
The Fuji Shibazakura Festival
National Kite Month
National Heartworm Awareness Month
National Frog Month
National BLT Sandwich Month
National Social Security Month
International Customer Loyalty Month
National Donate Life Month
Cesarean Awareness Month
National Card and Letter Writing Month
National Safe Digging Month
Pharmacists War on Diabetes Month
Informed Woman Month
Worldwide Bereaved Spouses Awareness Month
Tomatillo and Asian Pear Month
Women's Eye Health and Safety Month
Adopt a Ferret Month
Sarcoidosis Awareness Month
National Financial Capability Month
National Facial Protection Month
Arab American Heritage Month
Sports Eye Safety Awareness Month
Multicultural Communication Month
Grange Month
National Pest Management Month
Global Astronomy Month
Cancer Control Month
Genocide Awareness Month
National Rebuilding Month
National Sexually Transmitted Diseases (STD)'s Education and Awareness Month
Celebrate Diversity Month
International Guitar Month
National Food Month