What is America Saves?
A nationwide campaign involving tens of thousands of Savers and more than one thousand non-profit, corporate, and government organizations that encourages and assists Americans to build personal wealth.

Who Manages and Supports America Saves?
Representatives from some 60 national organizations advise the campaign, which is managed by the non-profit Consumer Federation of America. Representatives from the 18 pro-housing groups listed below advise the homeownership initiatives within the larger campaign. To learn more about the America Saves Homeownership Advisory Committee, click here.


Why does America Saves Promote homeownership?
For decades, homeownership has been the main path to wealth for most Americans. Today, home equity - the market value of a home minus the balance on any home loans - represents more than four-fifths of the typical family's wealth. So, each home loan payment not only helps pay down the principal and interest on your home, but also builds your wealth.



How does homeownership increase homeowner wealth?
First, simply by paying off your home loan, you are building wealth. And, you are doing this each month in a regular and disciplined way. Second, it is highly likely, though not absolutely certain, that the market value of your house will increase over time. Nationally for several decades, housing prices have increased, on average, four percent annually (although, keep in mind they can go down as well as up).

Example of Home Wealth Growth