Make it Automatic

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.

Trusting myself to add to my savings is difficult, that's why I have it automatically withdrawn when my check comes in,” Maria said. For years now Maria has had her local credit union split her paycheck into different accounts. When asked about her automatic saving approach Maria enthusiastically said, “It adds up quickly!”

Maria’s #1 Savings Tip: Having money automatically withdrawn at the first of the month helps me save for emergencies. This way I don't forget or use the money for other things.

 

Take the Pledge

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

Take the America Saves Pledge

Tip of the Day

  • Save for #presents rather than relying on #credit http://ow.ly/pV4nN

Share Your Tip or Story

And if we feature you in our newsletter, you get $25.

Share

Saver Tips and Stories View all »

Developing a Savings "Game Plan"

Eunice Diaz, a teacher in Colorado Springs, had been noticing a pattern. Despite the fact that she and her husband were “making good money,” they were spending their entire earnings and “were still struggling at the end of the month.”

Read more...

Put 20 Percent Away

“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.”

Read more...

The Gift of Homeownership

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...

Receive Updates

Take the Pledge

Start Saving

Receive Texts

Learn More

Partner News & Updates

Sign Up