America Saves Blog

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

From High School to College

Written by Super User · 16 November 2011

November 16, 2011

Kiara Hardin, Illinois College Freshmen

CollegeThe transition from high school to college has been hard, stressful, fun and exciting. Senior year teachers stress the fact that college is nothing like high school and to be honest it isn’t. The opportunity to be away from family puts a bunch of pressure on time management skills as well as money management skills.

Starting college, I did not have a budget plan so I found myself spending money on things I really did not need. I would go to Wal-mart and buy the expensive brand name food. Also, I would go out or order in instead of using my meal plan. Every college student that resides in a dorm has an id that has preloaded money on it for food so there is no need buy anything besides snacks. I also spent money on movies from the local movie store instead of saving money with a plan like a Netflix account.

Don’t Increase Debt During the Holidays

Debt Holiday
Written by Katie Bryan · 15 November 2011


Gift
I read an article yesterday that Americans will spend an average of $719 on holiday gifts this year. And it seems like there are even more temptations to spend this year – from stores opening early on Thanksgiving to commercial jingles about using layaway.

With all these temptations around, it’s important to remind ourselves that there is more to the holidays than gifts and that we SHOULD NOT spend money we don’t have. Roughly one in six Savers that has joined America Saves has selected paying off consumer debts as their wealth-building goal. We want to help savers achieve this goal and be able to buy the gifts they need to this holiday season. Here are a few tips to keep in mind:

  • Keep Gift Giving to a Minimum
      • Figure out which gifts are absolutely essential – often times this will be gifts for a child or loved one.

Retirement Resources

Written by Super User · 08 November 2011

Green Pig

November 8, 2011

By Katie Bryan, America Saves Communications Manager

Each quarter at America Saves, we put together a resource packet around a particular theme. Our fourth quarter theme for 2011 is retirement. We put these resources together so that others will share the information in order to help people save more successfully.

How Organizers Can Use the Packet

Organizers and organizations can use the materials in the resource packet to reach out to the public, employees, members, or customers on the importance of starting and investing in their retirement.

How Individuals Can Use the Packet

The resource packet contains all kinds of information on retirement. It includes links to articles, guides, and online calculators. Make sure you are on track to reach your retirement goal and read the latest retirement news and trends.

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

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Savers who make a plan are twice as likely to save successfully. 

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Tip of the Day

  • Written by Katie Bryan | December 20, 2013

    Setting reasonable expectations can help keep your #holiday festivities #frugal! http://ow.ly/COTJP

Saver Tips and Stories View all »

Transforming “I Can’t Save” to “I Will Save”

Written by Guest Blogger | January 13, 2016

You will not believe what it took to completely change my life. About three years ago, the HR Administrator of the corporation where I worked (as a temp with no benefits) forwarded an email to me. Fifteen seconds. One small act of kindness. That's it - that's all it took!

Read more...

The Gift of Homeownership

Written by Tammy G. Bruzon | August 5, 2015

Quaneka Willis, a single mother of three children, was receiving rental assistance through the Housing Authority of the City of Milwaukee when she decided to take control of her finances. So, in September of 2013 she attended the Make Your Money Talk program and pledged as a Wisconsin Saver. In less than 12 months, she had maximized her savings and was beginning the process of purchasing her first home.

Read more...

Jump-Starting a Financial Makeover

Written by Katie Bryan | October 28, 2013

Nichelle Johnson, a single mom with two teenage children, knows what it’s like to stretch a dollar. When she moved back to Virginia Beach in 2008, she provided for her family with just a part-time library position.

Read more...

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