This effort supports the Department of the Treasury's strategic goal to improve employee satisfaction. We applaud the achievements of the Internal Revenue Service and U.S. Mint. Both organizations have taken the lead on Employee Satisfaction initiatives and serve as a model for any organization about to seriously undertake this effort. The focus of the Financial Literacy Team is to assist in building financial literacy. Increased financial literacy will raise the awareness of savings by all Americans.
Savings are a critical element in the prosperity of individuals and a society.
Efforts to improve the quality and quantity of financial services available to the unbanked, benefits all of society by incorporating all Americans into our common economic system. Increase the rate of savings, and the level of prosperity, for all Americans. Increase the quality and quantity of financial services available to all Americans. Smart cards are the size of credit cards that can be used for multiple applications, eliminating the need to carry several cards. It has a microprocessor or memory chip embedded and is like a computer in a pocket.