Whereas according to the Federal Deposit Insurance Corporation (referred hereinafter as the FDIC ), at least 25.2 percent of households in the United States, or nearly 32,600,000 households with approximately 63,000,000 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 2018 Consumer Financial Literacy Survey final report of the National Foundation for Credit Counseling— (1) only 41 percent of adults in the United States have a budget; (2) 79 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) 1 in 4 adults in the United States admitted they do not pay all their bills on time; and (4) 61 percent of adults have had credit card debt in the past 12 months and most have done nothing to obtain a lower interest rate for their credit card debt; Whereas the Report on the Economic Well-Being of U.S. households by the Federal Reserve Bank of New York found that 40 percent of adults could not cover a $400 emergency expense without borrowing or selling something of value; Whereas according to the statistical release of the Board of Governors of the Federal Reserve System for the fourth quarter of 2018 entitled Financial Accounts of the United States: Flow of Funds, Balance Sheets, and Integrated Macroeconomic Accounts , outstanding household debt in the United States was $15.6 trillion; Whereas according to the 2018 Survey of the States: Economic and Personal Finance Education in Our Nation’s Schools, a biennial report by the Council for Economic Education— (1) only 22 States require students to take an economics course as a high school graduation requirement; and (2) only 17 States require students to take a personal finance course as a high school graduation requirement, either independently or as part of an economics course