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The America Saves Summit: Attacking the Savings Crisis

Written by · 17 July 2019

Wednesday, November 6th - 8:30 am - 5:00 pm

Public Welfare Foundation
1200 U Street NW, Washington, DC

Registration is Now Open

The America Saves Summit: Attacking the Savings Crisis will feature prominent representatives from the government, private industry, financial services, academia, the military, the nonprofit sector, and the media for an in-depth conversation about the current status of saving in the United States. To meet the challenge presented by the savings crisis, diverse stakeholders will relay current efforts and planned strategies with an emphasis on what we can all do together to make a difference.
 
At the conclusion of the Summit, participants will be called to action to help reduce the number of Americans who find it difficult to save even $400 for an emergency.
 

Agenda

8:30 Coffee & Light Breakfast

9:00 Welcome and Introduction

9:20 Understanding the Savings Crisis
An examination of the struggles many Americans face in establishing a basic savings account of $400 and a discussion of possible solutions

10:20 Break

10:40 Introduction
Saving Automatically Through Work – the Need and Opportunity

10:45 Panel I
Servicemembers, Spouses and Families

11:20 Panel II
Youth Employment Programs

11:55 Panel III
Adult Employees

12:30 Lunch

1:00 Attacking the Savings Crisis
Kathy Kraninger –Director, Consumer Financial Protection Bureau
Mark Pearce –Director, Federal Deposit Insurance Corporation

1:30 Changing how Americans Save in 2020
Over 100 million Americans do not take advantage of the opportunity to save automatically – unifying the effort to amplify the most effective way to save

2:30 Influencing Americans to Save
Changing the saving dialogue –using digital marketing to influence Americans to save

3:30 Motivating Automatic Saving -America Saves Week 2020
Opportunities to support more Americans along their saving journeys

4:45 Call to Action
Come prepared with your outreach goals to influence all Americans to save automatically

5:00 Adjourn

Download the Summit Agenda


Hotel Guide

Download the Summit Hotel Guide


FAQ's

When is the Summit?
The Summit will be held on Wednesday, November 6, 2019.

What time is the Summit?
The Summit will begin at 8:30am and will conclude at 5:00pm.

Where is the Summit being held?
The Summit is being held in the Lankford Auditorium of the Public Welfare Foundation building at 1200 U Street NW.

What is the closest metro stop to the Summit?
The closest metro station to the Summit is the U St African-Amer Civil War Mem’l/Cardozo stop on the Green and Yellow lines. Once you exit the train, follow signs to the 13th Street station exit. Once you exit the station, the Public Welfare Foundation building will be on your right at the corner of 12th and U Streets.

How do I find more information about DC public transportation?
Please visit www.wmata.com for more information about DC public transportation including train and bus schedules and a trip planner.

Will the Summit be live streamed?
The Summit will not be live streamed however portions of the conference content may be made available at the conclusion of the event at www.americasaves.org.

Will there be food? What if I have dietary restrictions?
A light continental breakfast and coffee will be available beginning at 8:30am and lunch will be available at noon. Dietary restrictions can be submitted during the registration process.

Is there a hotel room block?
We are not reserving a block of rooms for this event. The Public Welfare Foundation is located in the Shaw neighborhood of Washington, D.C. For the economic traveler, we recommend using Hotwire, Expedia, or AirBnB. A list of hotels nearby can be found here.

What is the deadline for Summit registration?
Online registration will close on Friday, November 1. Onsite registration may be made available depending on capacity.

Is the Summit venue ADA accessible?
The Public Welfare Foundation is ADA accessible and other access services will be provided upon request. Please notify America Saves if other access services are required.


Registration

Registration is now open, we look forward to seeing you at The America Saves Summit

Register Now

Best Summer Ever Challenge Resources

Written by · 08 July 2019

We encourage you to share the following social media post and graphic with your constituents, partners, and the general public. For more information on the Best Summer Ever Challenge, view the official rules & information page here


America Saves is encouraging and REWARDING you for having the Best Summer Ever! Enter to win the $100 Grand Prize and you could snag a Weekly Summer Prize Pack, too! Click to learn how to enter: https://bit.ly/bestummereverAS

Facebook | Twitter | Instagram

 

 

 

 

Saving is a Family Affair

Written by Reid Frankhauser · 30 May 2019

Whatever your family unit looks like, everyone must work together if you want to make saving a priority. In most circumstances, we build our financial foundation from experiences that we go through as children and youth.  In a financially stable household, everyone has a role to play.

For tips and tools on how everyone in your family can contribute to your household’s financial wellbeing, we encourage you to share the following articles, social media content, graphics and resources with your constituents, partners and the general public.

Your feedback is important to us. Please take a moment to complete a four-question survey on the usefulness of the resource packet material.

Social Media

Want to start introducing good money habits to your children at a young age? Save with them! Have a piggy bank for each family member, adding to them at the end of each week. Get more #FamilyAffair Savings Tips at @AmericaSaves.

Facebook | Twitter | Instagram

While many teens know they should save, most aren’t taught how. By giving them a clear plan of saving 10% of all money earned, they will learn good savings habits that will follow them throughout life. #FinancialLiteracy @AmericaSaves

Facebook | Twitter | Instagram

Creating a list of free or low cost activities for your family to work through ensures a memorable summer vacation while keeping your savings and financial goals in check. Visit AmericaSaves.org for inspiration of your own #SummerSavingsBucketList

Facebook | Twitter | Instagram


A lesson all kids can learn early: the pride that comes with #saving for something they want! Encouraging your child to sell toys they no longer play with, or even having a bake sale or lemonade stand puts them on the path to smart #money habits. Tip from @AmericaSaves

 

Facebook | Twitter | Instagram

Family can be great accountability partners when it comes to saving! Make a savings goal, and choose a reward to celebrate once you accomplish it. Create a fun tracker so everyone can see your progress! Get more tips at @AmericaSaves or visiting americasaves.org.

 

Facebook | Twitter | Instagram

Resources

From America Saves:

Other:

Blog Content

For use in communications that directly reach your constituents. We encourage you to use this content as guest posts or rewrite America Saves content as your own. 

Four Easy Ways to Make Saving a Family Affair

America Saves

Everyone in your household can play a role in the financial success of your home. Here are four easy ways to make saving a priority for everyone under your roof.

View blog post

Saving as a Family

By Elizabeth Kiss, Ph.D., Kansas Saves

Sometimes when children hear their parents or other adults in their lives talking about cutting spending or saving money, they assume that the family is going through a rough patch. As appropriate based on children’s ages, family conversations about money goals, including saving and spending plans, reassure children. It is also a great way to introduce (or remind) children about the reasons we save.

View blog post

Six fun ways to save as a family

By Janet Alvarez, Wisebread.com

Meeting financial goals as a family can be challenging. But inspiring your family to help and contribute to a financial goal doesn’t have to be a painful process, especially when the result is an exciting vacation, a car, or college savings. In the spirit of America Saves Week, I’ll share some ideas on how to save as a family for all those items and bucket-list experiences.

View blog post

Best Summer Ever Bucketlist Challenge

Written by · 14 June 2019
Throughout the month, share a photo or video enjoying low-to-no cost summer fun activities. Simply post your video or photo with a caption to Facebook and/or Instagram using the hashtag #BestSummerEverAS.
 
That’s it! Each Monday in July (7/8, 7/15, 7/22, 7/29), we’ll announce a Weekly Summer Prize Pack Winner. On August 1st, we’ll announce our $100 GRAND PRIZE WINNER!
 
  1. Participants must take the America Saves Pledge or repledge.
  2. Participants must post on Facebook and/or Instagram using the hashtag #BestSummerEverAS.
  3. Your #BestSummerEverAS post must be made public to show up in the hashtag category.
  4. Prizes not claimed via This email address is being protected from spambots. You need JavaScript enabled to view it. or direct message within 72 hours will be forfeited.

If you have not taken the America Saves Pledge yet, you can do it here:

Take the Pledge

 
Be sure to follow us on social media for daily ideas and inspiration on free and low-cost summer fun, as well as a peek at our summer prize pack!
 
 
Entering into the challenge gives America Saves permission to repost and share the submitted caption, photo and/or video in our content, including America Saves social media platforms, website, and email communication.
 

Building an Emergency Fund

Emergency Savings Savings Mindset Savings Crisis
Written by America Saves · 30 May 2019

 We’ve all heard of the best practice of having three to six months of expenses saved for an emergency fund. While that is a great goal for some people, that can be an overwhelming place to start for others. Instead, America Saves encourages our savers to start with an emergency fund of $500.

A speeding ticket can set you back a couple hundred dollars. Have you ever shattered your cell phone? That can put you back a couple hundred dollars. The same goes for many other unexpected expenses that occur all the time. A hundred dollars here, three hundred dollars on some new tires there. We’ve all been there. Having access to just $500 will help cushion your bank account when those expenses hit.

Regardless of your current financial situation, America Saves has some tips and tricks to get you closer to establishing an emergency fund so that you can feel financially confident when those real-life unexpected expenses occur.

For tips and tools on how to build an emergency fund, we encourage you to share the following articles, social media content, graphics, and resources with your constituents, partners and the general public.


Social Media Posts

Please incorporate these posts (as written or changed to suit your brand voice) into your social media content over the month of August. They will be great to share with your community to get them in a savings mindset!

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Life comes at you fast. We want you to be ready for those small, inconvenient emergencies that "pop up"— like a car or home repair. We encourage you to "Set a goal. Make a plan." by taking the @AmericaSaves pledge, and receive tips and nudges to help you #save.

 

Facebook | Twitter | Instagram

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Savings made easy: Pick something and cut it. Simple things like cutting cable, or taking your lunch vs. going out, and diverting that cash into savings will have you well on your way to your $500 Emergency Fund! Get more tips from @AmericaSaves here: bitly.com/2ZmjUIR

Which one of these have you experienced unexpectedly? According to the Federal Reserve, less than 1/2 of Americans have $400 in cash saved to help in the case of an emergency. Here are 38 more reasons why you should #save. Read it & take the @AmericaSaves pledge: http://bit.ly/2M4p6y5

 

Facebook | Twitter | Instagram

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Time for a Financial Check-Up! Summer Solstice may be done for 2019, but we still have savings goals to meet, right? Use this checklist to make sure you're on the right track. http://bit.ly/2yuj0OI

 

Facebook | Twitter | Instagram


Conversation Starters:

Conversation Starters are intentional themes and topics we’ve purposefully created to drive important conversations with your community on your social networks. Our hope is that they bring you some new, fresh engagement! Be sure to tag us in your posts, so that we can interact with you.

America Saves on Facebook | Instagram | Twitter | Linkedin

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It's "Back to School" season, which can be costly for parents! What are some of your best tips on saving on those back to school supplies and clothes?

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While it's only August, the holidays will be here before you know it! Do you save up for the holiday season year-round, or work Holiday shopping into your budget during October - December?


Resources

Blog Content:

Six Simple Steps to Jumpstart Your Emergency Fund

Most Americans Don’t Have Enough Savings

Start an Emergency Fund Today–You Will Thank Yourself Later

5 Ways to Start and Maintain an Emergency Fund

Summer Solstice Financial Checkup

38 Reasons You Need at Least a $5000 Emergency Fund

Video:

Automated Savings


Events

SallieMae and America Saves are hosting the #SavingForCollege Twitter Chat Wednesday, September 25th at 2pm

Mark your calendars and be on the lookout for more information as we get closer to this event.


Tip of the Day

  • Written by Katie Bryan | November 18, 2013

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

Saver Tips and Stories View all »

Taking Steps Toward Financial Fitness

Written by Tammy G. Bruzon | November 7, 2014

Nicky Vasquez learned about Virginia Saves when she attended her first class with Bank On Virginia Beach. The instructor shared how important it was to have a written savings goal, and the entire class joined Virginia Saves as the first step toward financial fitness.

Read more...

Saving With My Boys

Written by | September 2, 2019

When Kelly was a kid, she loved the picture book A Chair for My Mother by Vera B. Williams. In the story, a little girl lives in an apartment with her mother and grandmother. The little girl’s mother is a waitress and sole provider for their family. Together the family saves money by putting their change in a giant jar every day. They are saving for a big cushy chair for the little girl’s hard-working mother. Together with patience and diligence, they buy the mother a very comfy chair.

Read more...

Starting Over

Written by Katie Bryan | October 28, 2013

Until last summer, Michael Lindman spent money freely. “I was a union truck driver for 35 years and had a good income,” said Lindman. “I owned my own home, saved a little, and tried to live within my own budget. You always think there’s going to be that much coming in, but things can change in a split second.”

Read more...