Meet the winners of July’s $50 savings challenge

The New Year is here, and as we look toward the future, we can’t help but to reflect on successes over the past year. America Saves introduced a series of savings challenges, providing opportunities to get a jump start on savings goals. We were thrilled to help savers find the motivation they needed in 2016.

In July, we challenged America Savers to save $50 more than their usual savings goal and offered to match that savings for two individuals. Nearly 900 individuals said that they completed the challenge – that’s $45,000 saved among those savers in July alone!

We had a chance to ask our two lucky winners, randomly chosen from the respondents, a few questions about the challenge and how America Saves helped. Here’s what they had to say:

Julie Belindo of Fort Worth, TX

How do you feel about winning $50 extra towards your savings goal? 
Fabulous! 

Was it hard to save $50 more last month?
Not really, with automatic deductions. I didn't miss it. 

What did you do differently to save $50 more? br>I joined a website that put it into a savings account for me.

Would you recommend other people participate in America Saves challenges?
Yes.

How has America Saves helped or inspired you to reach your savings goals?
It gives me up-to-date financial information and great tips, showing me where money can be saved that I wouldn't normally think of. 

Kayode Lambkins of Washington, D.C. 

How do you feel about winning $50 extra towards your savings goal?
I was excited about winning the extra $50.

Was it hard to save $50 more last month?
No, it was not that hard, I just kept thinking about what I wanted in the future with the money saved. 

What did you do differently to save $50 more?
Nothing really different; I always save most of my checks.

Would you recommend other people participate in America Saves challenges?
Yes I would.

How has America Saves helped or inspired you to reach your savings goals?
It has helped me to see how beneficial saving money is for the future


Need motivation to stick to your savings goals in 2017? Let America Saves help! It all starts when you make a commitment to yourself to save. Take the first step today and take the America Saves pledge to save money, reduce debt, and build wealth over time. And it doesn’t stop there. America Saves will keep you motivated with information, advice, tips, and reminders to help you reach your savings goal. Think of us as your own personal support system.

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Tip of the Day

  • Written by Administrator2 | January 9, 2014

    Fourth saving strategy: Save automatically through a monthly transfer from checking to savings http://ow.ly/sj3vP

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