America Saves Blog
Tips, advice, and the latest news from the savings world.
February 1, 2012
America Saves Week, February 19 – 26, is an annual event coordinated by America Saves and the America Savings Education Council. Started in 2007, the Week is an opportunity for organizations to promote good savings behavior and a chance for individuals to assess their own saving status. Typically, over 2,000 organizations participate in the Week reaching millions of people.
Embrace This Year’s Theme
The theme for America Saves Week 2012 is more than just a theme; it’s a simple set of instructions to help you save successfully. Set a Goal. Make a Plan. Save Automatically. Knowing what you want to save for, how to achieve it, and then making the savings process automatic will allow you to reach your savings goal.
Promote Saving Through Social Media
This year, America Saves created a social media kit to make it easy for others to promote successful saving. Use the kit to encourage your friends and followers to save more. The kit includes tweets, Facebook posts, and sample newsletter/blog content to share during the month February. Want to write your own tweets? Use #ASW2012.
January 31, 2012
Today is your last change to enter to win $1,000 towards your savings account.
The winner will be chosen on January 31, 2012. Once you join SaveUp, look for the prize ticket called "Savings Prize." Most prize drawings and instant win games on SaveUp are odds-based, but the $1,000 savings prize will have a guaranteed winner.
Once you join America Saves, we will send you a welcome email with the link.
by Eric Bell, Editor-in-Chief, YoBucko
Saving money can be tough when you're just starting out in the real world. To help you understand how to save more money in your twenties, here are seven simple savings tips to help you save more money:
- Budget to Save
Creating a budget is one of the first steps to save money. A budget is like your roadmap to financial success. It shows you where you are today, and helps you track your spending each month. Think of a budget as your monthly spending scorecard. Once you've created your budget, look at your spending to see where you can start trimming the fat.
- Automate your Savings
Paying yourself first is tough if you have to cut a check every time you want to save a few bucks. Fortunately, there is a simple way to save that you can access if you have a bank account: direct deposit. Direct deposit allows you to automate your savings plan by sending money straight to your savings account. Talk to your employer or your bank to find out how you can set up direct deposit. Before you know it, you'll be building a nest egg and well on your way to financial independence.
- Save for Emergencies
When you are just starting out, building an emergency fund should be a top priority. Experts recommend saving 3x your monthly expenses if your single, and 6x your monthly expenses if you are married or have kids. Bad things happen, even to good people. By building an emergency fund, you'll be prepared to make it through the tough times and have a some extra money set aside for a rainy day.
January 25, 2011
Date: February 1, 2012
Time: 2:00-3:00 p.m. (EST)
The purpose of this webinar is to:
- Provide an overview of America Saves Week;
- Explain the potential benefits to participating in America Saves Week;
- Highlight a Resource Kit your organization can consider to use to promote savings during the Week.
To register online for this event, please go to:
Please register by Thursday, January 26, 2012.
Webinar information will be distributed on January 31, 2012.
For Additional Information
January 23, 2012
The following come from the U.S. Department of the Treasury and the U.S. Department of Education. It includes great information for educators about the National Financial Capability Challenge.
We all make financial decisions everyday. For most of us, though, no one taught us the best way. Students today face a fast paced, dynamic economy and need a good financial education to succeed. That’s why we are excited to announce the National Financial Capability Challenge sponsored by the U.S. Department of the Treasury and the U.S. Department of Education that runs from March 12 through April 13, 2012. The Challenge is a free, online series of financial questions for high school students to test their knowledge of earning, spending, saving, borrowing, risk protection, and more.
You can sign up now to join the growing number of educators engaging their students in this challenge. Registration is easy and free at challenge.treas.gov. As educators, it is critically important to use this opportunity to help prepare our students for financial independence!