Whereas according to the Federal Deposit Insurance Corporation (referred hereinafter as the FDIC ), at least 27.7 percent of households in the United States, or nearly 34,400,000 households with approximately 67,600,000 adults, are unbanked or underbanked and therefore have not had an opportunity to access savings, lending, and other basic financial services; Whereas according to the FDIC, approximately 30 percent of banks reported in 2011 that consumers lacked an understanding of the financial products and services banks offered; Whereas according to the 2017 Consumer Financial Literacy Survey final report of the National Foundation for Credit Counseling— (1) only 40 percent of adults in the United States have a budget; (2) 80 percent of adults in the United States acknowledged that they could benefit from additional advice and answers to everyday financial questions from a professional; (3) nearly 1 in 4 adults in the United States admitted carrying credit card debt month-to-month, and nearly 2 in 10 admitted to rolling over $2,500 or more each month; (4) 18 percent of adults in the United States admitted that their top personal finance worry was not setting aside enough money for retirement, with more than 1 in 4 admitting they do not have anything saved; Whereas the Consumer Expectations Credit Access Survey of 2017 conducted by the Federal Reserve Bank of New York found that two-thirds of Americans would not be able to come up with $2,000 to deal with an emergency, if needed; Whereas according to the statistical release of the Board of Governors of the Federal Reserve System for the fourth quarter of 2017 entitled Financial Accounts of the United States: Flow of Funds, Balance Sheets, and Integrated Macroeconomic Accounts , outstanding household debt in the United States was $15.3 trillion at the end of the fourth quarter of 2016