America Saves Week Day 1- Saving Automatically
It's America Saves Week! Since 2007, America Saves Week has been an annual celebration and call-to-action for everyday Americans to commit to saving successfully. Each year, Gulf Winds joins credit unions from around the nation to encourage our members to dedicate this week to their financial health. Join us this week to get a clear view of your finances, set your financial goals and make a plan to achieve them! Participating in America Saves Week will set you on the path toward building financial resilience. Being financially resilient is more than having access to money; it includes being conscious of your own financial landscape, being aware of available resources, and being willing to seek out and take advantage of opportunities that will support and increase your financial wellness.
We kick off America Saves Week by focusing on the easiest and most effective way to save — SAVE AUTOMATICALLY. The hardest part about saving is getting the motivation to put your hard earned money aside instead of spending it the second you get it. By learning how to save automatically, you will be able to adopt a “set it and forget it” approach that increases your success. Now, you may wondering, how do you save automatically? The two best ways to save automatically are to 1) split your direct deposit into both your checking and savings account or 2) have Gulf Winds automatically transfer a predetermined amount from your checking to savings every month.
Remember, saving is a habit, not a destination. Saving automatically will help you form the habit that will allow you to save for anything you can dream of!
Resource of the day: Listen to Amanda Woods, America Saves Strategic Partnership Coordinator, and her fiancé discuss saving automatically — America Saves Week 2023 : Saving Automatically - YouTube