Why Financial Literacy Matters: National Financial Awareness Day

August 14th is National Financial Awareness Day, an annual reminder of the importance of personal financial health and money management. While taking control of your finances starts with individual action, long-term stability relies heavily on having access to clear, accessible financial education early on.

In a commentary for Maine Policy Review, David M. Leach addresses this need in “Tying the Knot: The Importance of Financial Literacy Education in Maine.” Leach explores how foundational money skills, from basic budgeting to navigating student loans and credit, shape lifetime habits and empower stronger communities.