Young Illinois Saves
Are you ready to take charge of YOUR financial future? Young Illinois Saves is here to help. Did you know that students with a savings account are FOUR times more likely to make it to college and financial pressure is the #1 reason for college drop out? Saving is a big part of making your future goals a reality AND anyone can start saving! You can start with as little as a dollar a day! You just have to put your mind to it, and we are here to help. What are you waiting for?
Join the over 10,000 Illinois students who have pledged to save over $3 million per year!
Join the thousands of Illinois students who are making a difference with their money by becoming Young Illinois Savers. Through Young Illinois Saves, you will receive:
- Free subscription to our quarterly newsletter
Building wealth starts when you set a goal and make a plan to reach that goal. Whatever goal you choose – whether it's buying a car, saving for your education, or getting out from under your debts – learn about proven savings strategies and get simple tips on the best ways to save.
Learn more about free, youth banking options in your community! Visit www.Plan2Achieve.org.
Check out these Young Illinois Saver's Stories & Saving Tips!
Peyton Caves recently graduated from Chicago Agricultural High School on the southwest side of Chicago where she was introduced to Young Illinois Saves as part of her high school curriculum. Peyton is the daughter of TWO police officers. Peyton is currently working several jobs to help with her college costs as she is receiving little financial aid and is the oldest of 11 children! Peyton is attending the University of Minnesota this fall, majoring in Agricultural and Food Business Management and would like to work in Human Resources at a large corporation one day.
Peyton's saving tips include 1) "...you can get an interest bearing savings account so that when you deposit money in your account the money will work for you" 2) "I know that I will need a budget for all the fixed costs that I will have a car note, rent and then also books and groceries and I know it is very important to have an emergency savings account." 3) "I am looking first for college loans from trusted [subsidized] student loan options ... and payday loans should be avoided at high costs [because of their high interest rate]" 4) "Apply for every scholarship you can possibly apply for and definitely of course apply for FAFSA."
Peyton is photographed with Chicago Mayor Rahm Emanuel below.
Thank you for your interest in Young Illinois Saves.
Economic Awareness Council
Recent Blog Entries View all »
By Kathy Sweedler, Consumer Economics Educator, University of Illinois Extension.
Typically people think of spending—not saving—while in college. It’s true that once you choose where to attend school, your tuition and fees costs are fixed. However, at many schools tuition and fees may be less than half of your overall costs.Read more...
With 8 million more Americans planning on celebrating Halloween this year, the total spent on costumes, treats, and decorations is projected to reach an all-time high of $9.1 billion. The average amount spent per consumer is anticipated to reach $86.10, mostly going toward the purchase of the perfect costume.Read more...