The Democrat-Controlled Congress Is A Bad Example

Build Wealth, Not Debt! by vwollny

Source: http://mahoneylibrary.wordpress.com/2008/02/29/build-wealth-not-debt/

February 29, 2008

This is the first America Saves Week. One of the most important goals of America Saves Week is to persuade low- and moderate-income Americans to open savings accounts. Many organizations are encouraging people to save and build wealth, not debt. This year’s focus is encouraging people to save through automatic transfers into a savings account.

The young, poor and minorities are least likely to have separate emergency savings funds. To date, more than 67,000 Americans have enrolled as Savers (at www.AmericaSaves.org ) by committing to implement a detailed plan to achieve a specific savings goal. The most popular goal of these savers is building emergency savings.

See resources below for more information and ideas:

• *New* Press Release: Release of New Savings Survey Helps Launch America Saves Week 2008.
  
  


• From Rhymes to Riches (By Finance Professor at Syracuse University, Dr. Boyce Watkins)
  
  


• Credit Card Guy (on YouTube)
  
  


• Want to Keep More Money in your Pocket?
  
  


• Financial Products (e.g. savings account, certificate of deposit)
  
  


• Miracle of Compound Interest
  
  


• Calculators (including college calculators and credit card calculators)
  
  


• 66 Ways Consumer Knowledge Test
  
  


• The Ballpark E$timate  - worksheet that helps you approximate how much you need to save . . .
  
  


• Four Ways to Create Savings
  
  


• How to Handle Credit Card Purchases