America Saves Celebrates a Successful 2015 National Savings Forum

On Wednesday, May 20, 2015, America Saves hosted the 2015 National Savings Forum in Washington, DC. The event was an opportunity for leaders, advocates, and practitioners to come together to talk about the importance of saving money, especially for low-income families and millennials.

Highlights included:

  • An exploration of employer-supported products and services that aid workplace savings for non-retirement goals, and promising innovations for young workers that help create life-long savings habits in the workplace;
  • The evolution of the homeownership in the context of the American Dream, and the role that savings plays in homeownership for low- to moderate-income (LMI) households and millennials;
  • The relationship between the promotion of savings to LMI, youth, and others and the financial institutions that serve those communities, as well as the regulatory influences and barriers in product and education developments; and
  • The challenges and barriers to successful retirement savings that Americans, including the millennials, face and the products, programs, policies, and services designed to meet these challenges, ones that are particularly difficult for low to moderate income households. 

Participants were able to engage panelists in robust discussions of these topics and many came out of the meeting with sharper insights on how best to encourage, support, and facilitate savings.

It was a great event and we are so grateful of those who were able to attend. We have gathered the tweets from America Saves and meeting attendees in the Storify below. In addition to connecting with fellow attendees, we encourage you to read and share these meeting highlights with your colleagues.

America Saves looks forward to welcoming everyone to the 2016 National Savings Forum next May.

 

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Tip of the Day

  • Written by Administrator2 | January 13, 2014

    Never purchase expensive items on impulse. Think over each expensive purchase for at least 24 hours. Acting on this principle will mean you have far fewer regrets about impulse purchases, and far more money for emergency savings. http://ow.ly/sj972

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Taking Back Control Over Finances

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After becoming a Virginia Saver and getting help from BankOn classes and coaching, Nadine Bialo took back control over her financial affairs.

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Eunice Diaz, a teacher in Colorado Springs, had been noticing a pattern. Despite the fact that she and her husband were “making good money,” they were spending their entire earnings and “were still struggling at the end of the month.”

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