Did you know that according to the 2019 FEMA National Household Survey, almost a third of Americans did not set aside money for unexpected emergencies? What better way to start the new year than with a savings mindset? America Saves, a campaign managed by the nonprofit Consumer Federation of America, motivates, encourages, and supports low- to moderate-income households to save money, reduce debt, and build wealth.
Since 2007, America Saves Week has been an annual celebration as well as a call to action for Americans to commit to saving successfully. This year, America Saves Week is from February 24 – 29, 2020. During the week, America Saves will be focusing on the following themes:
- Monday, February 24, 2020: Save Automatically
- Tuesday, February 25, 2020: Save with a Plan
- Wednesday, February 26, 2020: Save for the Unexpected
- Thursday, February 27, 2020: Save to Retire
- Friday, February 28, 2020: Save by Reducing Debt
- Saturday, February 29, 2020: Save as a Family
America Saves and FEMA understand the importance of saving for a disaster. Join us during America Saves Week by engaging in the following activities:
- Visit the America Saves Week webpage to learn more about daily savings themes and ways you can incorporate them into your financial planning.
- Join FEMA’s webinar, Emergencies and Disasters: Save for the Unexpected on Wednesday, February 26, 2020 from 1:00 p.m. -1:45 p.m. ET. This 45-minute webinar will provide financial tips, tools, and resources for individuals, communities, and community organizations. Speakers include representatives from America Saves, the Association for Financial Counseling and Planning Education (AFCPE), the Consumer Financial Protection Bureau (CFPB), Operation HOPE, and FEMA. To register for the webinar, please click here.
- Encourage your family and community to start saving by setting goals and making a plan. To learn more, visit these links:
- Save for Emergencies
- Where to Keep Emergency Savings
- How to Find Money to Save
- Be Prepared for a Financial Emergency
This article first appeared in the monthly Individual and Community Preparedness Newsletter. Subscribe here.