Are you saving money? Or is it an idea in the back of your mind that twirls round and round, and you never quite get to it? Maybe today’s a good day to put the idea into practice. America Saves, a campaign from the Consumer Federation of America is trying to encourage us to save money. And as part, “America Saves Week, they are ask us to take a pledge and start to save now.
The Consumer Financial Protection Bureau (CFPB) is part of the campaign and offers these tips to get started:
- Set goals and identify the specific reason you want to save.
- Create a savings plan. Decide how much you want to put away each month and how much it will take to reach your goal.
- Direct Deposit is the easiest way to go. Have a set amount taken out of your paycheck for automatic deposit into your account.
The CFPB produced the cute video. Hope you enjoy it and look at more videos with good tips on ConsumerMojo.com. Let us know what you think.