Timeline National Financial Awareness Day August 14, 2021

National Financial Awareness Day timeline

1959

Put it on plastic

American Express introduced its first credit card in 1958 and the following year releases the first plastic credit card.

1950

Check, please

Frank McNamara and Ralph Schneider introduce the Diners Club Card as an alternative to cash. It has 20,000 cardholders in a year.

1946

Charge ahead

John Biggins, a banker in Brooklyn, introduces the "Charg-It" card, believed to be the first bank card. (Customers used it at local businesses, who then forwarded the bill to the bank.)

How much would you like to bet that most people don’t know August 14 is National Financial Awareness Day?

It’s more important than you think. And plus, what’s more fun than financial independence? First off, think about that great feeling you get when you don’t have the looming specter of debt hanging over you.  Also, sound financial decisions can really make a difference down the road. Remember, retirement is a time to take all those vacations you couldn’t when you were working the daily grind. Because money is important to our overall peace of mind, Financial Awareness Day is a great time to review where you are now and where you’re going financially.  Don’t let bad financial decisions ruin the best years of your life!

 

• National Today News: New Apple Card generates lots of interest

 

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