So, what is America Saves and why is there a week for it?
America Saves, a campaign managed by the nonprofit Consumer Federation of America (CFED), seeks to motivate, encourage, and support low- to moderate-income households to save money, reduce debt, and build wealth. The research-based campaign uses the principles of behavioral economics and social marketing to change behavior. Non‐profit, government, and corporate groups participate in America Saves nationally and through local, regional, and statewide campaigns around the country. America Saves encourages individuals and families to take the America Saves pledge and promote savings year-round and during America Saves Week.
Cleveland is actually Home to the first local campaign, and three years ago, David Rothstein introducedCleveland Saves to Neighborhood Housing Services of Greater Cleveland.
Cleveland Saves provides free financial tools, savings services, advice, and resources that help individuals and families from every income level take the steps needed to take charge of their finances and manage money more effectively.
By inspiring a strong savings ethic in people, Cleveland Saves can improve the financial health of our schools and businesses and our communities!
Wondering how YOU can participate in America Saves Week?
TAKE THE CLEVELAND SAVES PLEDGE
Set a goal and make a plan to save. Join over 390,000 people who have pledged to save and take the America Saves Pledge today. Already taken the pledge? America Saves encourages you to recommit to your savings goal and re-pledge today. Military? Take the Military Saves Pledge.
ASSESS YOUR SAVINGS PROGRESS
Find out if you are saving in all the right places.
#IMSAVINGFOR PHOTO CONTEST
To celebrate the upcoming America Saves Week, America Saves is launching the #imsavingfor contest. It’s easy to enter. Just share a picture of you and what you are saving for and then enter to win $500 atAmericaSavesWeek.org/imsavingfor