#ASW17 Savings Focus: Save for Emergencies

It’s the last day of America Saves Week, and while we're sorry to see it go, we're so grateful for all the participation from our partners and friends in personal finance, and savers like you!

An emergency savings fund consists of a small amount of money, usually in a savings account, that you do not have easy access to. Saving for this fund starts with small, regularly scheduled contributions that build up over time. Creating and maintaining an emergency fund can mean the difference between staying afloat when life catches you by surprise, finding yourself swimming in debt, or worse. We want to make sure that you’re covered for emergencies when life happens–not if it happens. There’s no time like the present to start an emergency savings fund - don’t get caught in the rain.

 

Participant Spotlight

Organizations like yours are sharing their activities and results with America Saves throughout the week. Find out more on what others have done for America Saves Week at http://americasavesweek.org/what-others-have-done.

 

Saturday's Events and Activities

Tweet Chats

Tweet chats for America Saves Week might be finished, but the conversation never stops. Follow @AmericaSaves for updates on the blog, research announcements, and the latest news in personal finance.

Webinars

Save for Emergencies on Saturday, March 4, 2017 from 3:00 - 4:00 pm Eastern 
An emergency savings fund consists of a small amount of money, usually in a savings account, that you do not have easy access to. Saving for this fund starts with small, regularly scheduled contributions that build up over time.

Contests and Facebook Events

Visit the Participate in America Saves Week page for the on-going contests and Facebook events available to savers across the country.

Click here for the full list of events and activities available today and throughout the Week.

 

Don't Forget to Sign Up!

Have you participated in a #ASW17 tweet chat? A webinar? An on-site event? If you’ve taken any action during America Saves Week, make sure that your efforts are recognized! Sign up for America Saves Week 2017 by clicking the button below to have your organization listed as a 2017 Participating Organization.

 

Take the Pledge

I pledge to save money, reduce debt, and build wealth over time. I will encourage my family and friends to do the same

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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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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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Inspired to Build Savings By Starting Small

Written by Great Lakes Michigan Saves | April 19, 2016

With little-to-no money in the bank and living on a limited income with her adult daughter, Sharon wasn’t sure if building up savings for her future was even possible. “At my age, to put debts behind me would be a relief,” she said, but she wasn’t quite sure how to even get started with a savings plan. That all changed when Sharon attended the Great Lakes Michigan Saves Pay Yourself First Saver’s Summit during America Saves Week.

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