April 22-29 is designated as Money Smart Week. It was created in 2002 by the Federal Reserve Bank of Chicago.
Money Smart Week is aimed to educate consumers so they can make wiser decisions when it comes to spending money. Financial education is not taught in a lot of schools and it is not a requirement before graduating college.
Many events planned throughout the week are aimed to educate to a wide range of audiences. Amanda Gasper, the financial literacy coordinator at UW-La Crosse and the chair for Money Smart Week for La Crosse says, "We're just trying to get people; get in front of people, right? So like the Wild Kingdom attracting children. They may be bringing their grandparents or parents. Just the tools because everybody may have financial questions or may need help down the road and money should be so scary to talk about."
Since the recession, stigmas surrounding money in general have been an issue for all age ranges. Amanda adds, "We even see today with college students and some of these younger generations, they are actually scared of credit. They are very timid around it, so we really want to communicate the positive of having a positive credit history, and money management in general.
There are a host of events throughout the week that are free and open to the public.