3 Ways to Celebrate Financial Literacy Month
America Saves celebrates National Financial Literacy Month, recognized in April, by sharing three ways individuals can take financial action by saving money, reducing debt, and building wealth.
1. Sign Up for Text Messages for a Chance to Win $100
America Saves has partnered with SaveUp to reward individuals who sign up for America Saves text message reminders. SaveUp rewards individuals for saving money or paying off debt. Prizes include sponsored prizes like scholarships, vacations, gift cards, and even a $2 million jackpot. One lucky America Saver will also win a $100 America Saves drawing to be held on April 30, 2014. Enter By Pledging to Save Today!
2. Save a Portion of Your Tax Refund
Use tax form 8888 to directly deposit your tax refund (or part of it) to one or more accounts at a bank or other financial institution (such as a mutual fund, brokerage firm, or credit union). This form can also be used to buy up to $5,000 in paper series I savings bonds.
3. Assess Your Savings
Individuals can review their current saving strategies and find new ways to save with the America Saves Assess Your Savings Plan tool. The new tool allows individuals to quickly review their savings situation by answering a simple series of yes/no questions and presents them with the next steps to save successfully.
Written by Katie Bryan
Published: 15 April 2014