Recent Articles

Blog

Tips, advice, and the latest news from the savings world.

Financial Literacy is a Lifelong Endeavor

Written by Super User · 03 November 2011

November 3, 2011

By Elaine Genevro, Senior Vice President and Regional Executive, Union Bank, N.A.

Elaine GenevroToday, many consumers are experiencing some sort of financial challenge that may be causing stress in their everyday lives. According to a report by the Federal Reserve, Americans carry more than $2 trillion in consumer debt, and a Harris Poll reports that 30 percent of consumers report living from paycheck to paycheck.

These and other reports reveal that financial literacy is a vital skill that everyone should work at throughout their lifetime.  In school and at home, it is important for children to learn skills that will help them become financially responsible adults.  Adults who continue to educate themselves throughout their lifetime help build a sound financial future for themselves and their families, and financially secure individuals and families help build a thriving economy.

As we head into a new year, it is a good time to focus on enhancing your financial education and that of your loved ones.  From encouraging children to save their allowances to learning how to plan for a secure retirement, here are some tips you can use to help at each stage of your life:

Video: What to Look for in a Bank Account

Written by Super User · 02 November 2011

Check out this video made by the teens from Young Illinois Saves on what you should look for in a bank account.

Learn more about Young America Saves and have your teen join Young America Saves today.

Click here for previous articles

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 Administrator2 | January 15, 2014

    Are you looking for an effective way to establish a budget? Beginning on the first day of a new month, get a receipt for everything you purchase. Stack and review receipts at the end of the month, and you will clearly be able to see where your money is going. http://ow.ly/sj972

Saver Stories View all »

Saving Early: Key to Successful Future

Written by Katie Bryan | October 28, 2013

For Johnnie Lovett, a Young Illinois Saver, saving has been a habit since he was a teenager. “As a teenager, I was responsible for buying certain things with my allowance,”

Read more...

Starting and Continuing a Personal Finance Journey

Written by Sara Cooper | December 23, 2013

When Kiara Hardin, now a junior at Western Illinois University, became an intern with the Chicago Summer Business Institute during her sophomore year of high school, she began her personal finance journey. The program required participants to open a savings account.

Read more...

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...

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