Next week marks an annual campaign that started in 2007 and continues this year 2020: America Saves Week. Even if you do not live in the United States, it’s a neat way to keep savings top of mind. Each day — February 24 to February 29 — is a new savings focus. And the great thing is, we already covered the topics in past lessons! Next week is a great time to refresh your understanding and act on your knowledge! Here is the focus for each day of America Saves Week and links to past lessons that match the daily focus.
Monday, February 24: Save Automatically
Tuesday, February 25: Save with a Plan
Wednesday, February 26: Save for the Unexpected
Thursday, February 27: Save to Retire
Friday, February 28: Save by Reducing Debt
Saturday, February 29: Save as a Family
One of the best ways you can embrace this challenge is to set a simple savings goal. Baby steps are easier to achieve and when done over a period of time, add up to BIG savings. For instance, increase your retirement 401(k) savings by 1%. Or ask your family to skip one day of buying coffee each week and put that money towards a savings goal. Add an extra $20 each month to your rainy day fund. Whatever you decide to do, be proud that you are taking a huge step by making savings a priority!
Learn more about America Saves Week by visiting https://americasavesweek.org/
Homework: There is one day missing from America Saves Week — Sunday. What savings tagline would you give that day? What simple savings goal did you come up with?