ShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr continue reading » The concept of perpetuating awareness about the importance of financial literacy education and the consequences of not understanding personal finances was boosted when in 2004 the U.S. Congress designated April as “National Financial Literacy Month,” also known as “National Financial Capability Month.”Each April, federal and state agencies, credit unions, banks and a bevy of nonprofit organizations take a stab at reminding consumers about the importance of sound financial practices with a goal of penetrating through the static and noise of normal everyday life.Let’s face it—there are consumers with needs that may never be met through regular savings practices and advice gleaned from the public domain. A 2018 Money.com article cites the New York Federal Reserve’s Survey of Consumer Finances, which found “people’s peak earning years also appear to be their peak debt years.” It’s understandable—students enter the workforce, raise families and incur debt to support their needs for more space, education and cost of living.
Renowned Finnish ski jumper Matti Nykanen died on Monday at the age of 55. Nykanen won several Olympic gold medals, first in Sarajevo in 1984 and three in Calgary in 1988, Xinhua reports.Additionally, Nykanen won six world championships in ski jumping.The death of Nykanen was reported by several Finnish media agencies and confirmed by his family to national broadcaster, Yle. Finnish Minister for European Affairs, Culture and Sport Sampo Terho praised Nykanen as a great sports hero.After he retired from skiing, Nykanen became an entertainer and published music albums. Nykanen married six times, with five persons. He had three children, newspaper Helsingin Sanomat reported.He had a alcohol problems. In 2009 Nykanen was sentenced to prison for aggravated assault.