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"America Saves Week 2021" begins Monday

Simple money hacks to save you $2,000 a year
Posted at 10:58 AM, Feb 22, 2021
and last updated 2021-02-22 11:58:21-05

MADISON (NBC 26) — The Wisconsin Department of Financial Institutions is encouraging everyone to make saving a part of their daily life. As part of America Saves Week 2021, scheduled for February 22-26, the Wisconsin Department of Financial Institutions (DFI) is spreading the word about the importance of saving.

“America Saves Week is a great opportunity to lay the groundwork for financial security by setting a savings goal, making a plan, and getting in the habit of saving,” said DFI Secretary Kathy Blumenfeld. “Being a regular saver can help people achieve their goals whether it’s buying a car, paying for college, purchasing a home, or planning for retirement.”

Through the support of participating organizations, including these Wisconsin groups, millions of Americans will do a financial assessment of their personal finances and saving behaviors by taking the America Saves Pledge. Through this pledge, savers set a goal and create a simple savings plan that works.

After completing the pledge, America Saves will provide short email and text reminders as well as resources and tips to keep savers on track toward their saving goals. In addition, America Saves will provide information on the following daily themes throughout America Saves Week:

• Monday, February 22: Save Automatically
• Tuesday, February 23: Save for the Unexpected
• Wednesday, February 24: Save to Retire
• Thursday, February 25: Save by Reducing Debt
• Friday, February 26: Save as a Family

To learn more, visit www.AmericaSaves.org and become part of an entire community of savers.