The #FridayFive: Help, Habits, Apps, & Debt

Do you follow @AmericaSaves on Twitter? If not, you may have missed out on some great articles or blog posts this week about personal finance, savings, or news from America Saves and its campaigns. ICYMI, we share with you each Friday the top five pieces that highlight important topics for savers and partners alike.

This week’s #FridayFive are:

1. It has been said many times before and will be said many times again - it is never too soon or too early to start saving. In this week's #SavingsTipTuesday, America Saves and our partners honed in on an oldie-but-goodie from the blog about teaching savings skills at an early age. (Though we cannot emphasize enough the importance of doing so at any age!)

 

2. This week's #CreditChat with Experian about strategically managing debt yielded so many great pieces of advice! When asked about advice that folks would offer anyone drowning in debt, the overwhelming response was to seek help. The National Foundation for Credit Counseling and similar organizations can help those in need find an accredited adviser in your area - and as the quote below goes: you've got nothing to lose but your debt!

 

3. I wasn't kidding when I said that this week's chat reaped some serious gems! Rod Griffin has made this point in previous chats, but it was all too relevant as the #CreditChat started by discussing the pros and cons of credit cards in the context of debt. It's important to remember - regardless of where you stand in the great credit card debate - that debt and credit, while connected, are separate and should be managed and discussed as such. Credit can be immensely useful in making milestone purchases - cars, houses, etc. - but when managed solely in the context of credit cards, it can be a precarious, slippery slope to debt.

 

4. Looking for an app to help you with your budgeting and/or money management? In this week's #WBChat with WiseBread, many tweeted their favorite techie toys. I'm always a big proponent for these two, but that's just me. What are your favorite apps? Tweet 'em to us!

 

5. Sometimes budgeting can feel more like locking yourself to the confines of any financial restrictions than anything else. Tarra "@MsMadamMoney" Jackson, who brings realistic and relatable tips to the twitterverse on the regular, reminds us here that budgeting is really about the opposite. Budgeting can instead pave the path for all the things we need to, want to, and dream of doing!

 

Thanks for joining us for this week’s #FridayFive! We’ll see you here next week.

Did you come across a savings-focused article or blog that is a must read? Share it with us on Twitter (@AmericaSaves) using #FridayFive or send an email to This email address is being protected from spambots. You need JavaScript enabled to view it. with #FridayFive as the subject.

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

Take the America Saves Pledge

Tip of the Day

  • Written by Katie Bryan | December 21, 2013

    Putting aside fifty cents a day will allow you to #save nearly $500. 

Saver Stories View all »

Coping with a Lost Job

Written by Katie Bryan | October 28, 2013

Aimee Shaffer worked as a Public Service News Director for radio for years until one day her employer downsized the company, resulting in hundreds of lost jobs, including Aimee’s.

Read more...

Challenging Herself to Save

Written by Sara Cooper | April 15, 2014

It all started when Marchale Burton overheard Alabama cooperative extension colleague Isaac Chappelle, coordinator of Alabama Saves, explaining how saving just a little bit – even change – is all it takes to become a saver. “I thought about that,” Burton said, “and wanted to see if it would work.” So, she challenged herself to see how much change she could save.

Read more...

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.

Read more...

Receive Updates

Sign up for Texts

Written by Tammy G. Bruzon | July 15, 2014

Sign Up

Sign up for Emails

Written by Super User | September 16, 2013

Get Emails

Take the Pledge

Written by Super User | September 16, 2013

Start Saving