About Young America Saves

Young America Saves helps young people ages 16-29 develop a saving habit by pledging to save between $5 and $25 dollars per month or more toward a specific goal. We advise youth to keep their savings in a bank account to make it less easy to access and to have a plan for making regular deposits into their savings account. In partnership with the University of Illinois, Young America Saves developed a competition model to encourage and motivate students, faculty and staff at the University’s three campuses to make a personal savings commitment by pledging to save in greater numbers than their competitor campuses. The competition features an internet based communication and engagement strategy for campus partners to reach their audiences.

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Tip of the Day

  • Having emergency savings may be the most important way to stay afloat financially http://ow.ly/r6i1n

Saver Tips and Stories View all »

Story of an Urban Professional

Elaine was inspired to create a new savings goal and plan with the America Saves Pledge after reading the “The Color of Money” column in The Washington Post by Michelle Singletary.

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Inspired to Build Savings By Starting Small

With little-to-no money in the bank and living on a limited income with her adult daughter, Sharon wasn’t sure if building up savings for her future was even possible. “At my age, to put debts behind me would be a relief,” she said, but she wasn’t quite sure how to even get started with a savings plan. That all changed when Sharon attended the Great Lakes Michigan Saves Pay Yourself First Saver’s Summit during America Saves Week.

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A Think Like A Saver Attitude

Melissa has always been thrifty with a #ThinkLikeASaver attitude. This served her family well when her husband lost his job in 2014. Using their savings, Melissa’s family stayed afloat while her husband found a new job. During his job search they used a majority of their savings, but that is OKAY. Savings are fluid! They’re supposed to be used in the case of emergency, and this qualified as such.

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