America Saves Week

Saving the Young: A Tale of Financial Literacy

April 19 150x150 Saving the Young: A Tale of Financial LiteracyBy Lihi Yusufov

For 16 years, I have had the privilege of being surrounded by financially literate people. My parents know how to handle their finances, and of course, make sure I do too.  My family carries an entrepreneurial spirit through owning a couple of businesses and starting their own ventures. Because of this, I gained a business perspective when venturing through life. I have worked in various fields and noticed that with every field comes a certain expectation of financial literacy. When I interned at a law office, I realized how pertinent finance was in this industry. Without financial mastery, the business would be incapable of sustaining itself. I became aware of this at an early age in my life. However, I noticed that many Americans still struggle with financial literacy. Read more…

POSTED: April 21, 2014 | BY: Annamarie Cerreta | TAGS: , , , , , , , , , , , , ,

10 Ways to Save $100 During America Saves Week

By Meg Favreau, Senior Editor of personal finance blog Wise Bread.

Money is like a cake. When you get that delicious dessert, it can be tempting to eat it all at once. But if you do, you’ll end up with a stomachache, that sugarcoated feeling on your teeth, and perhaps most importantly – no cake for later.

Similarly, if you spend all of your money, you’ll probably end up regretting your splurges – and wishing you had some funds sitting in the bank.

Often, savings strategies are obvious – you set a big piece of cake aside, and it’s there waiting for you. But sometimes, it’s the little things that make that cake disappear. I’m reminded of the time my childhood friend Mike held a cake on his lap while we were driving home. He took fingerful after fingerful of frosting – and when we got home, Mike discovered that he had completely defrosted the cake without realizing it. Read more…

POSTED: February 26, 2013 | BY: Leslie Rasimas | TAGS: , , , , ,

This America Saves Week: Set a Goal. Make a Plan. Save Automatically.

By Katie Bryan, America Saves Communications Manager.
The theme for America Saves Week 2013 is more than just a theme; it’s is the essence of a sound approach to savings, designed to help individuals take financial action. Set a Goal. Make a Plan. Save Automatically. Knowing what you want to save for, how to achieve it, and then making the savings process automatic will allow you to reach your savings goal.

Set a Goal

You can save more by having a goal in mind. Visualizing what you want to save for gives your savings a purpose. You may be tempted to withdraw from your savings if it has no purpose. But once you have a goal in place, you know that taking money out of your savings is taking away from that ultimate goal. So what are you saving for? An emergency fund, a home, retirement, a car? Read more…

POSTED: February 25, 2013 | BY: Leslie Rasimas | TAGS: , , , , ,

5 Easy Ways to Get Involved in America Saves Week and Save Successfully

By Katie Bryan, America Saves Communications Manager.

America Saves Week February 25 – March 2, 2013 is chance for individuals to assess their own saving status and take financial action. Studies reveal that having a savings plan with specific goals can have beneficial financial effects, even for lower-income families.

Here are 5 easy ways to get involved in America Saves Week:

Take the America Saves Pledge Read more…

POSTED: February 18, 2013 | BY: Leslie Rasimas | TAGS: , , , ,

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