Don’t Laugh at Saving Spare Change

Virginia Saves saver, Brittany, decided to start saving again when she became a single mother. She thinks many women, and men, can relate.

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.”

Melissa took the America Saves Pledge at her work during America Saves Week 2019.

Melissa’s #1 Savings Tip: Take 20 percent out of each pay check, and put it away into a separate savings account.

Saving for a Bright Future

Kristin Hendricks, a single mother from Texas, understands the importance of saving money and following a tight budget. She decided to make saving money a priority when she gave birth to her son.