America Saves Blog
Tips, advice, and the latest news from the savings world.
Have you ever received an unexpected call from the IRS, a utility company, or tech support demanding immediate payment or your personal information? “Don’t assume that it’s true,” says Susan Grant, director of consumer protection and privacy at the Consumer Federation of America (CFA). Imposter scams were the fastest-growing complaints to state and local consumer protection agencies last year, according to a just-released annual survey report from CFA and the North American Consumer Protection Investigators.
It’s Americans with Disabilities Day, and there’s plenty to celebrate this year as we welcome new ABLE accounts.
Created by the Achieving a Better Life Experience (ABLE) Act, ABLE accounts provide a savings opportunity for Americans with disabilities and their families. Individuals can save to these accounts without losing eligibility for critical benefits such as healthcare or Supplemental Security Income.
Over one-third of American households carry their credit card balances forward every month, according to the National Foundation for Credit Counseling. It’s no wonder that getting out of debt is the third most common goal among savers who took the America Saves pledge to save money, reduce debt, and build wealth.
You opened a savings account, cashed in your jar of change, and started packing your lunch. But your savings account balance remains at zero.
Sometimes you just need a little one-on-one help to kick start your savings. Luckily, there are over 60 local America Saves campaigns located nationwide that you can connect with for one-on-one help and to learn more about savings initiatives and events in your area.
Most Americans are just as interested in saving, are making the same amount of effort to save, and are saving just as effectively as last summer, according to our newest survey data. Except for one surprising group: the wealthiest among us.