What Savers Say

If you read the blog, like us on Facebook, or follow @AmericaSaves on Twitter, you know that we love to share the best tips and advice on personal finance, savings, budgeting, and managing debt that we can get our hands on. We realize, though, that often the best advice comes from you, the saver.

We’ve asked you to submit your savings stories to us online and we’d like to share with you what fellow savers have to say.

Maria McGraw of Groveport, OH says:

“Everyone NEEDS a true emergency fund. My family was skating by without a true emergency fund; we relied on our credit cards. We were ‘making it’ until a few things broke down, a couple of medical bills came along, and both of us were laid off during the same month. Suddenly, we were scrambling and looking for answers. I read an e-mail about having an emergency fund and wished we had one. I decided that we would make it through the mess by getting back to work, being frugal, and selling everything that we could - then once we caught up we would truly prepare for things that might come up. We now have a three-month emergency fund and those things that used to be an emergency are more like little things that just happen.”

Katherine Meier of Tremont, IL says:

“My husband and I have always made it a point to pay ourselves first.  Before he retired, we used his employer's plan to put away a matching percentage of our own savings in our 401K plan.  We put 6% right off the top into savings and saw a matching 6% from his employer.  By paying ourselves first, we were able to take advantage of ‘free’ money.”

Patrice Powers-Barker of Toledo, OH says:

“With two pre-teens in the house, there were too many days we were coming home from work and school to find lights and appliances on in the home that had been on all day. The kids volunteered to monitor themselves and had to be honest if they were the last ones to leave something on.  If they were the ones wasting electricity and running up the electric bill they would forfeit their favorite electronic appliance for one day (TV, computer, hair straightener, etc).  A couple times of that and they were great at turning things off! Once we got it under control, we were saving $10-$15 a month on the electric bill just by turning off the television and lights and other appliances when no one was at home.”

Editor's Note: Get more tips from military savers on "Saver Stories" section of the Military Saves website at http://militarysaves.org/for-savers.

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Saver Stories View all »

Setting a Goal Leads to Success

Written by Super User | May 24, 2019

Growing up, Marisa’s dad had always talked about saving first, but she said she didn’t really internalize it until much later. “I was drifting along with no plan, carrying a little bit of revolving debt, saving some money here and there, but without a real plan for it.”

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How Smart Financial Decisions Can Create Opportunities 

Written by | November 22, 2019

Written by Stephen Ross, America Saves Program Coordinator | November 22, 2019

Of the many stories Military Saves shares, most describe how someone was in dire straits financially and worked their way out of it with the help of Military Saves. This time we want to highlight a different kind of story. This is a story about how responsible financial decisions can build on one another to create opportunities you thought only the super-rich enjoy.

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When You Start Small, Saving is Easy

Written by Lila Quintiliani | August 12, 2019

When Attiyya first got married, she and her Marine husband had just graduated from college and were focused on paying off student loan debt. They had both attended private schools and had sizeable loans. Then three months after the wedding, the couple found out they were pregnant with their first child.

The first year of their marriage, says Attiyya, was a balancing act between paying down debt and saving for the future.

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