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"America Saves" Week Starts Monday

February 23rd, 2008 at 11:35 am

Just read about this in my local paper:
A national campaign starts Sunday that aims to help people improve their balance sheets by encouraging them to save automatically. "America Saves" week, starting Monday through March 2nd, brings together more than 1,000 gov't agencies, corporations, and non-profit groups with goal of increasing consumer understanding of the need to save, whether for emergencies or to make the down payment on a home, to educate the kids, or to finance retirement. For more information, go to http://www.americasavesweek.org.

I can personally say that automatic savings is VERY easy to do - and I do not miss anything. DH and I have our 401K/457b deductions taken out of our checks. We also have automatic deposits to various mutual funds and savings accounts (one is ING Direct). The only thing I cannot do on auto-pilot is an IRA. We are usually on the cusp between a ROTH and a non-deductible IRA because DH's income can fluctuate somewhat. So we do not make those deposits under the following January.

I also checked out americasaves.org - it is a related site with more great information.

3 Responses to “"America Saves" Week Starts Monday”

  1. boomeyers Says:

    How neat! Will read up on this!

  2. scfr Says:

    How great! Hopefully it will take off! There's an almost religious fervor to the whole "get out of debt" business but I think it's high time we start a "crusade" to get people to save so they never end up in debt in the first place!

  3. scfr Says:

    Savingbucks - You may want to post this info over on the forums; I'm sure there are folks who don't read the blogs who could benefit.

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