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Help Your Teen Save Some of Their Summer Earnings

Savings Tips Teen Savings summer jobs
Written by Amelia O'Rourke-Owens · 28 May 2019

Summer is coming up fast which means many parents will see their teen taking seasonal employment. Summer is peak time for youth employment, as almost 61 percent of 16 – 24 year olds participate in the labor force in July.[1] Our America Saves for Young Workers program works with 30 youth employers across the country who employ over 140,000 youth. We’ve taken our messages and lessons-learned and translated them for parents who would like to be proactive in their teen’s employment this summer.

Three Tips to Help You Go Green and Save Some Green This Summer

Savings Tips Green Savings Environmentally Friendly
Written by Lila Quintiliani · 15 May 2019

Everything is blooming, the pollen is slowly washing away, and the temperatures are steadily rising. Yes, summer is just around the corner. And that means one thing: the air conditioner will be on full blast, all day every day, and utility bills will be huge. Here are three ways you can save money on your electric bill this summer.

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Tip of the Day

  • Written by Administrator2 | January 12, 2014

    Keep track of your spending. At least once a month, use credit card, checking, and other records to review what you've purchased. Then, ask yourself if it makes sense to reallocate some of this spending to an emergency savings account. http://ow.ly/sj972

Saver Tips and Stories View all »

Taking Back Control Over Finances

Written by Virginia Saves | August 5, 2015

After becoming a Virginia Saver and getting help from BankOn classes and coaching, Nadine Bialo took back control over her financial affairs.

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Put 20 Percent Away

Written by Lindsay Ferguson | July 8, 2019

“I am a single mother, and I make ends meet for me and my daughter, but I wanted to put money away for my daughter for a college fund. So I started saving 20 percent of my paycheck every month to put it away in a savings account with a high Annual Percentage Yield (APY). By the time my daughter is 18, I will have saved nearly $90,000.”

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Make it Automatic

Written by Lindsay Ferguson | July 2, 2019

Holding ourselves accountable can be tough. Maria knew that if she didn’t “set it and forget it” she would have a hard time making sure her regular savings deposits were happening. In April, she took the America Saves Pledge and created a savings plan to increase her emergency fund.

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