Nationwide has launched new educational materials to enhance financial understanding for families during Financial Literacy Month in April. According to Amelia Dunlap, vice president of Marketing for Nationwide Retirement Solutions, one of the key challenges many Americans face is getting started with saving for retirement.

Dunlap emphasized the importance of early financial education, stating, "Understanding the basics of money management, budgeting, investing, and retirement planning is a critical life skill." Nationwide's initiative includes a financial knowledge quiz, a family-friendly activity book, and a sweepstake aimed at encouraging individuals to engage with financial concepts to improve their money management skills.

The financial knowledge quiz allows individuals to test their financial knowledge and access resources to enhance their understanding of money matters. Families can also download the family finances activity book to explore basic financial topics with children and promote financial confidence from a young age.

For those looking to participate in the initiative, the sweepstakes will be open from April 1 to April 30, 2024, offering a chance to win a $25 gift card. By taking the financial knowledge quiz or downloading the family activity book, participants can earn additional entries into the sweepstakes.

In addition to these new resources, Nationwide's Financial Literacy page offers a variety of tools and resources, including guidance on debt management, retirement planning, Social Security basics, and a paycheck impact calculator.

Financial literacy is a crucial skill that can have a significant impact on individuals and families' financial well-being. Nationwide's efforts to provide accessible and engaging resources aim to empower individuals to make informed financial decisions and secure their financial futures.