America Saves Week is a national event that encourages Americans to save successfully, regardless of their unique financial circumstances. KPCU is proud to participate in this week! Each day of America Saves Week has its own theme that touches on important areas of saving and financial wellness.
Monday, April 8 – Saving Automatically
A great place to start building your financial confidence is to set up automatic savings. When you are saving a dedicated amount of money every week, month, or another regular interval, you can begin to feel a sense of control over your saving habits! Check out this decision tree to help you start your savings. You can also learn more about saving automatically here.
Tuesday, April 9 – Saving for the Unexpected
It happens to all of us: you’re saving for something that you’re really excited about and before you know it an unexpected event occurs, causing you to dip into your designated savings. It’s important to have a plan in place for handling these events. Learn more here.
Wednesday, April 10 – Saving for Major Milestones
It’s no doubt that saving for competing priorities (like homeownership, retirement, and education) can feel overwhelming! Even with the most thought out plan, life can cause us to fall off track with our finances from time to time. However, there are steps you can take to save for major life milestones while not abandoning your other financial needs or wants. Learn more by listening to the Saving for Major Milestones podcast episode. Or if you are younger and just starting out, get more information here.
Thursday, April 11 – Paying Down Debt is Saving
You need to know ONE THING: Paying down debt IS Saving! Just like having a plan for savings is important, so is having a plan for reducing your debt. Reports show that individuals have increased their usage due to ongoing inflation and rising costs of basic needs. Check out these tips to increase your credit score and reduce your debt!
Friday, April 12 – Saving at Any Age
Talking about money and finances as a family is extremely important! On the last day of #AmericaSavesWeek, we encourage you to talk to your family members – from kids to older generations – about your money story, goals, the importance of saving, and using credit wisely. Here are some tips!
