U.S. Senators Todd Young (Ind.) and Mike Braun (R-Ind.) cosponsored a resolution last week designating April as Financial Literacy Month. The resolution aims to highlight the importance of learning and maintaining healthy financial habits. According to a 2017 report by the Federal Deposit Insurance Corporation (FDIC), approximately 25 percent of households in the United States are unbanked or underbanked and have limited or no access to savings, lending, and other basic financial services. Financial literacy empowers individuals to make wise financial decisions and reduces the difficulty of making decisions in an increasingly complex economy.