Happy Holidays and a Happy New Year! In the spirit of auld lang syne, we’ve compiled a list of the top five blog posts from 2015. These are posts that had the most hits (or reads) throughout the year. The topics highlighted in this year's top posts represent areas of importance and growth for the America Saves campaign; including our participation in the Campaign for a Secure Retirement, research surrounding the America Saves for Young Workers program, as well as trends and tips in savings and personal finance.
Savings isn’t just about putting money in the bank; it can be accomplished in many ways, all of them helpful to the individual. This list of money saving techniques is broken into three distinct styles of savings: (1) restricting purchases to prioritize need rather than want, (2) reserving money for later, and (3) reducing the cost of needed items bought.
It’s a new year and an opportunity to get reenergized about saving money and reaching your savings goals. The easiest way to save money is to set up an automatic system to save. But you have to cut back in order to free up that money each month. You may want to find even more money to save during January and February to build up an emergency fund for the rest of the year or pay down any holiday debt.
Social Security along with America Saves, the American Savings Education Council, the Women’s Institute for a Secure Retirement launched the “Campaign for a Secure Retirement: Helping Millions of Americans Plan and Save for Retirement.” The campaign is a joint national educational retirement campaign to encourage retirement planning and saving and promote the online Social Security Statement, available through my Social Security, as an important retirement planning tool.
America Saves released a report of the top ten findings from focus groups with first-time youth workers regarding their saving and spending. Many of these youth completed the America Saves First-Time Worker program as part of their summer job. The America Saves initiative partners with Summer Youth Employment Programs (SYEP) to encourage young workers to set up direct deposit and save a portion of their paycheck.
Credit scores are an important part of understanding your complete financial picture - and ultimately building wealth. Your credit impacts your ability to qualify for a home loan or a credit card, but can also affect your eligibility for cellphone service, apartment rental, and more.
America Saves continued to grow and evolve in 2015, and we can’t wait to see all that 2016 will bring. We are so proud of all the Savers who have taken the America Saves pledge this year. Congratulations & keep saving!