Bernanke also addressed the inequities in wealth between whites and minorities.

“Part of it has to do I think with financial education,” Bernanke told students at the historically black college. “There needs to be broader understanding in minority communities … about the importance of saving and building a credit record.”

Bernanke said many factors contribute to the issue – including access to home ownership, income levels and differences in professions – but promoting financial literacy in minority communities is important.

Our friends over at Get Rich Slowly have compiled a collection of websites that offer basic tips on personal finance. Since April is Financial Literacy Month–and especially with the current state of the economy–now is a good time to learn more about managing your money, if you haven’t already.