This is the first America Saves Week. One of the most important goals of America Saves Week is to persuade low- and moderate-income Americans to open savings accounts. Many organizations are encouraging people to save and build wealth, not debt. This year’s focus is encouraging people to save through automatic transfers into a savings account.
The young, poor and minorities are least likely to have separate emergency savings funds. To date, more than 67,000 Americans have enrolled as Savers (at www.AmericaSaves.org ) by committing to implement a detailed plan to achieve a specific savings goal. The most popular goal of these savers is building emergency savings.
See resources below for more information and ideas:
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From Rhymes to Riches (By Finance Professor at Syracuse University, Dr. Boyce Watkins)
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Credit Card Guy (on YouTube)
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Financial Products (e.g. savings account, certificate of deposit)
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Calculators (including college calculators and credit card calculators)
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The Ballpark E$timate - worksheet that helps you approximate how much you need to save . . .
Filed under: General News, Jobs & Careers
[...] unknown wrote an interesting post today onHere’s a quick excerptMany organizations are encouraging people to save and build wealth, not debt. This year’s focus is encouraging people to save through automatic transfers into a savings account. The young, […] [...]
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Tom Humes