Search Results for: america saves week

When people are just starting out with budgeting and saving money, we teach them the importance of setting goals. The first goal we recommend people set is to establish an emergency savings fund. Too many people don’t set aside enough cash to get through a crisis, and when hard times come, they are forced to…

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One of the main reasons people take the pledge to save for America Saves Week is to get out of debt. This is a savings goal that is doubly important; saving help you accumulate funds to pay down debts, and eliminating interest charges on those debts lets you save more. We recommend some version of…

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When we talk about saving at tax time, we’re typically focusing on tax refunds. Taxpayers tend to treat refunds like found money, which they spend on an extravagance. We urge people to instead treat their refund like earned income, which it is, and save it or use it to pay down debt. Saving refunds is…

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A lot of financial experts say retirement savings should be everyone’s top priority, even above college savings for the kids. As the logic goes, there are plenty of loans and financial programs for college, but no one is lining up to lend money to retirees. We certainly agree that saving for retirement is crucial. It’s…

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Saving is a habit everyone in the family should get into. We encourage using America Saves Week as an opportunity to teach your kids the importance of saving and to get started on building wealth for the future. Part of saving together as a family will be setting goals together. Is there a family vacation…

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To kick off America Saves Week 2017, America Saves held a Twitter chat today with the hashtag #SavesChat. Below are the questions they covered and some of the highlights:   Q1. What is your motivation to start or continue saving in 2017? A1: What motivates me to #save is the thought of #freedom – being…

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Over the years, we’ve learned the key to building savings is to be consistent. Every paycheck, set aside a portion of your earnings for the future. The best way to achieve consistency is to make savings automatic. Talk to your HR or Payroll department about setting up direct deposit of your pay. If possible, have…

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Next week is America Saves Week, when we and other like-minded organizations work with America Saves to promote saving and financial literacy. #ImSavingFor contest This year, America Saves is sponsoring a contest. Any time before April 7th, 2017, share a short video of your saving store, or a photo with you and the goal you’re…

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As a proud partner in the America Saves initiative, credit.org sponsors Inland Empire Saves. At that site, you can take the pledge to save, learn about setting financial goals, and start taking control of your financial future. Every year, America Saves Week promotes automatic savings. Universities, banks & credit unions, military organizations and other local…

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For the last day of America Saves Week, our focus is debt. This is what prevents most people from saving adequately, and we want to help everyone stamp out their debts. First, learn the real cost of credit card interest rates.   Then check out How long will it take to pay off my credit…

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This year, one of the overall themes is “Save Your Refund”. We urged people to make that their New Year’s Resolution in a previous post: This Year, Resolve to #SaveYourRefund. One way to set aside part of your refund automatically is to use form 8888 to split the refund into different accounts, and check out…

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We’re going to focus more on emergency savings funds today, in honor of America Saves Week. This goal is crucial, but it’s also hard to predict what one will need. Experts advise saving from 3 to 9 months’ income in an emergency fund. Why? Because one common financial emergency is job loss, and it takes…

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