Last Updated on May 11, 2026 by Daily News Staff

(Feature Impact) You may have mastered the core subjects like math and grammar in school, but financial literacy – or understanding the basics of money management in order to help you make better financial decisions – often goes overlooked before adulthood. It’s not so much a course of study as it is a plan of action.

Financial literacy in the United States has remained stagnant at generally low levels for several years, according to research from TIAA Institute and the Global Financial Literacy Excellence Center, with even lower levels among Gen Z. Yet greater financial literacy – including key aspects such as goal-setting, budgeting, saving, credit management and investing – is strongly linked to better financial outcomes, including lower rates of debt constraint and financial fragility.

While emboldening yourself to understand financial terms can be a little overwhelming at first, once you have a grasp of basic concepts you can begin to get a handle on your money and make better financial decisions. Simply put: When you understand how to earn, save, spend and invest wisely, you aren’t just building a stable future for yourself, but your family and community as well.

From nonprofit partnerships to volunteer-led programs and fee online resources, Schwab and its employees help millions of people every year build the knowledge and confidence to take charge of their financial futures by serving as board members, mentors, role models and educators.

Because financial health is a lifelong journey, the earlier people learn vital money skills, the better. That’s why the financial advisory services provider develops education programs geared toward kids that continue into adulthood, helping people no matter where they are on their journeys.

Talk Money

It’s never too early to start a conversation about financial literacy. Having teens identify goals that are important to them – such as concert tickets or a first car – can kickstart coversations about money. Working with your child (and a financial advisor, if necessary) on a plan for saving to realize those goals can serve as a jumping off point. After achieving some success, their enthusiasm may grow, which is a powerful motivator to keep saving.

Support School Initiatives and Programs

Outreach programs that empower young people to make smart financial decisions is key to a bright future. Programs like Money Matters – Schwab’s flagship financial education program utilized by the Boys & Girls Clubs of America – gives young people hands-on experience with all aspects of money and investing.

This example, and others, don’t just include program funding – they build partnerships that create impact and opportunity with national collaborations that reach more than 17 million youth annually, empowering young people with the tools and confidence to make smart financial decisions for life.

Spread the Financial Love

Championing financial literacy empowers everyone – individuals, families and communities. By serving as a board member, mentor, role model or educator to help bring financial literacy to others in your community, you can supply the tools and knowledge to lead programs that focus on giving back, empowering future generations in countless ways.

To learn more about financial literacy and find resources to empower your local community, visit SchwabMoneywise.com.

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SOURCE:

Charles Schwab

Our Lifestyle section on STM Daily News is a hub of inspiration and practical information, offering a range of articles that touch on various aspects of daily life. From tips on family finances to guides for maintaining health and wellness, we strive to empower our readers with knowledge and resources to enhance their lifestyles. Whether you’re seeking outdoor activity ideas, fashion trends, or travel recommendations, our lifestyle section has got you covered. Visit us today at https://stmdailynews.com/category/lifestyle/ and embark on a journey of discovery and self-improvement.

Last Updated on May 9, 2026 by Daily News Staff

National Small Business Month

Every May, communities across the United States recognize Small Business Month, a time dedicated to celebrating the entrepreneurs, family-owned companies, startups, and local shops that help drive the American economy. From neighborhood restaurants to innovative tech startups, small businesses continue to play a vital role in creating jobs, supporting communities, and inspiring innovation.

According to the U.S. Small Business Administration, small businesses account for millions of jobs nationwide and represent the backbone of local economies. Throughout May, organizations, chambers of commerce, and business leaders host networking events, educational workshops, and promotional campaigns to support entrepreneurs and encourage consumers to shop locally.

One of the highlights of the month is National Small Business Week, which honors outstanding entrepreneurs and business owners making a difference in their communities.

For consumers, Small Business Month is also a reminder that supporting local businesses helps strengthen neighborhoods and keeps communities thriving. Whether it’s dining at a local café, shopping at an independent store, or hiring a local service provider, every purchase can make an impact.

Learn more about Small Business Month and related events through the official U.S. Small Business Administrationwebsite.

Related External Links

• U.S. Small Business Administration (SBA)
• National Small Business Week – SBA
• SCORE – Mentoring and Resources for Small Businesses
• U.S. Chamber of Commerce – Small Business Resources
• Forbes Small Business News and Insights

Our Lifestyle section on STM Daily News is a hub of inspiration and practical information, offering a range of articles that touch on various aspects of daily life. From tips on family finances to guides for maintaining health and wellness, we strive to empower our readers with knowledge and resources to enhance their lifestyles. Whether you’re seeking outdoor activity ideas, fashion trends, or travel recommendations, our lifestyle section has got you covered. Visit us today at https://stmdailynews.com/category/lifestyle/ and embark on a journey of discovery and self-improvement.

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How Hiring Veterans Can Strengthen the Workforce

(Feature Impact) Every year, about 200,000 service members transition from military service into civilian careers, offering employers access to a highly skilled and mission-driven talent pool. As organizations across industries seek dependable employees who can adapt and lead, veterans bring experience that translates directly to business success.

Veterans enter the workforce with a wide range of technical and professional skills. Military occupations span fields such as logistics, engineering, cybersecurity, aviation and health care, many of which align closely with civilian roles. This experience allows veterans to apply their training to roles across industries, from manufacturing to information technology, using their practical knowledge developed during their service.

Beyond technical expertise, veterans are widely recognized for their reliability, adaptability and strong work ethic. Military culture emphasizes responsibility, teamwork and accountability – qualities that can strengthen workplace culture and improve team performance. Additionally, employers that hire veterans with disabilities often qualify for federal tax credits, and many workplace accommodations are available to employers at no cost.

Despite these advantages, veterans transitioning from military service to civilian employment still face challenges. One of the most common obstacles is translating military experience into language civilian employers understand. Although more than 80% of military roles have civilian equivalents, differences in job titles and terminology related to responsibilities and accomplishments gained during service may not align neatly with traditional job descriptions, making it difficult for veterans to clearly communicate their qualifications.

To address these challenges, resources aimed at improving the understanding of military experience have grown in recent years. For example, DAV (Disabled American Veterans), a nonprofit organization that provides a lifetime of support for veterans of all generations, their families and survivors, recently released an updated edition of “The Veteran Advantage: DAV’s Hiring Guide for Employers of the Military Community,” a resource designed to help companies better recruit, hire and retain veteran and military spouse employees. The guide is available for free download at davhiringguide.org.

The no-cost guide offers practical information for employers seeking to build veteran-friendly workplaces. It includes guidance on translating military skills into civilian job qualifications, developing hiring initiatives focused on the military community and establishing employee resource groups for veterans and military spouses. It also highlights inclusive hiring practices designed to reduce barriers and better support those who have served.

“Veterans and military spouses consistently demonstrate strong work values, but many still face hurdles when transitioning into civilian careers,” DAV CEO Barry Jesinoski said. “Hiring veterans doesn’t just fill open roles – it strengthens organizations. But employers who don’t understand how to align military experience with business needs might overlook that talent.”

The nonprofit organization also connects employers with veteran job seekers through employment initiatives and outreach efforts. These programs help organizations better understand the value veterans bring to the workforce while supporting successful transitions into civilian careers.

These efforts are especially important as many veterans continue to face barriers to employment. According to the U.S. Department of Labor, the veteran unemployment rate in March 2026 was 3.8%, with the rate climbing to 5.4% among veterans with disabilities, underscoring the persistent challenges many encounter when transitioning to the civilian workforce.

For many employers, hiring veterans is not simply about filling open positions. It’s an opportunity to bring experienced leaders and skilled professionals into the workforce – individuals whose service has prepared them to contribute in meaningful ways long after their military careers have ended.

Photos courtesy of DVIDS. The appearance of U.S. Department of Defense (DoW) visual information does not imply or constitute DoW endorsement.

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SOURCE:

Disabled American Veterans

Our Lifestyle section on STM Daily News is a hub of inspiration and practical information, offering a range of articles that touch on various aspects of daily life. From tips on family finances to guides for maintaining health and wellness, we strive to empower our readers with knowledge and resources to enhance their lifestyles. Whether you’re seeking outdoor activity ideas, fashion trends, or travel recommendations, our lifestyle section has got you covered. Visit us today at https://stmdailynews.com/category/lifestyle/ and embark on a journey of discovery and self-improvement.