ASW2016 Savings Focus: Pay off High-Interest Debt

It’s the last day of America Saves Week, and while we’re sorry to see it go, we’re so grateful for all the participation from our partners and friends in personal finance – and savers like you!

Our final savings focus is paying off high-interest debt. With planning, discipline, patience, and maybe some outside help, almost anyone can reduce their debts and start to accumulate wealth. Find places to cut your spending so that you can pay down your debts faster and find places to trim your expenses.

Participant Spotlight

• For Military Saves Week 2016, the U.S. Army’s goal is to reach 20,000 pledges during the first quarter (Jan. 1-March 31, 2016). To date, the Army is leading the other six Armed Forces branches with nearly 4,000 pledges. In addition, more than 150 Army installations and units have signed up to participate in #MSW2016 at locations around the country and world. To celebrate what is perhaps the world’s largest financial readiness party, Army installations, units and Financial Readiness Programs are hosting proclamation signings, info tables, financial workshops and fairs. For a list of specific #MSW2016 events and activities, visit: http://www.militarysaves.org/organizations/military-saves-week/events-and-activities#Army.
• Alabama Saves is getting savers involved in the Week through interactive activities. The Regions Institute for Financial Education (RIFE) in the University of Alabama at Birmingham (UAB) Collat School of Business is holding a poster contest February 15-19 for seventh through ninth grade students throughout the state of Alabama. The purpose of the contest is to promote saving throughout Alabama and encourage Alabamians to take the America Saves pledge. To enter, students create a poster that answers the question “Why is Saving Important?”

Organizations like yours are sharing their activities and results with America Saves throughout the week. Find out more on what others have done for America Saves Week at https://americasavesweek.org/what-others-have-done/.

More Events & Activities

Have you participated in a #ASW2016 tweet chat? A webinar? An on-site event? If you’ve taken any action during America Saves Week, make sure that your efforts are recognized! Sign up for America Saves Week 2016 by clicking the button below to have your organization listed as a 2016 Participating Organization.

Click here to sign up for America Saves Week 2016!