First State Saves
First State Saves was founded in 2005 to help Delawareans improve personal and household finances. By providing financial information, tools and access to products and services, First State Saves teaches everyone to save regularly and often. Studies show that saving just small amounts can make great strides toward reaching financial goals.
We believe that anyone can build wealth with the proper guidelines. Learn how to pay off debt, save for a house, car, tuition, or just save for the sheer pleasure of knowing you have money in the bank!
Also, visit the Delaware Financial Literacy Institute-The Money School for classes that can help you reach your savings goal.
Building wealth starts when you set a goal and make a plan to reach that goal. Whatever goal you choose – whether it’s buying a car, buying a house, or getting out from under your debts – learn about proven savings strategies and get simple tips on the best ways to save. Click on the links below to learn how to:
- Get Out of Debt
- Save for a Home
- Save on Auto Purchases
- Save for Emergencies
- Save for Retirement
- Save for Education
Delaware Financial Literacy Institute
3301 Green Street
Claymont, DE 19703
- Financial Literacy Education Fund (FLEF) of the State of DE
Recent Blog Entries View all »
The first step to spending less and saving more is to know exactly where all of your money goes each month. But there are many ways to create a budget and stick to it. So how do you know what system is the best? I’ve always felt that it’s whatever one you stick to the longest, whether it’s high-tech, low-tech, linked to your credit card, or something you input manually.Read more...
Are you in too much debt? Think hard before you answer that question. We vastly underestimate or underreport our debt, according to Nerdwallet’s study of household credit card debt. In fact, our average debt is a shocking 155 percent more than the balances we report.Read more...
Most young adults don’t buy into the idea that they will be able to save $1 million by the time they retire, according to a recent Wells Fargo study on millennials. And just six in ten of that same group have even started tackling saving for retirement.Read more...