Don't Forget - April is Financial Literacy Month!
We encourage you to support Financial Literacy Month events and initiatives conducted and sponsored by our California Partners, our fellow State Coalitions, and others. This is a unified effort to raise awareness about the importance of financial literacy and the need for effective financial education. Financial literacy is important especially now with the economic uncertainties following Coronavirus (COVID-19), inflation and world events. California Jump$tart is supporting a new Public-Private Partnership - AB 2215. Join us by adding your voice with a Support Letter!
This Month's Newsletter Focus is on Consumer Protection and ID Theft
Knowing your rights and responsibilities as a consumer is a key element of the March principle: Consumer Protection and ID Theft. Being aware of scams, knowing how to protect yourself and understanding how to keep your information secure will help keep you financially safe.
- Money Lost - People reported losing $1.48 billion to fraud last year – an increase of 38% over 2017.
- Tops in Fraud - The top 3 states for fraud and other reports (per 100K population) are Florida, Georgia and Nevada.
- Watch Your CC - Tax-related identity theft was down last year (by 38%), but credit card fraud on new accounts was up 24%.