It happens to all of us: you’re saving for something that you’re really excited about and before you know it an unexpected event occurs, causing you to dip into your designated savings.
Every day, Americans are forced to use money they were saving for something they truly value or credit to pay for an unexpected expense.
On Day 2 of America Saves Week, we want you to embrace establishing an emergency fund, along with shifting the narrative around emergency savings.
Dream with us just a bit.💭 What is the most important thing that you could be saving for right now? It may be for a new home, a car, to take a special someone out on a date, or even to be able to pay off your medical bills. No matter what your answer is, it’s completely valid.
Check out this blog post from the America Saves Team, who breaks down saving for competing priorities while establishing your savings goal(s).
Today, we encourage you to:
- Begin to understand your Money Story and Money Values
- Identify your savings goals
- Use automatic savings to begin or grow your emergency savings accounts
If you haven’t already, we encourage you to take the America Saves Pledge. After making your new savings plan, you’ll receive support, reminders, and tips from America Saves that will help keep you on track towards achieving your goal.
