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Tips, advice, and the latest news from the savings world.

New Year's Saving Resolution #2: Save Automatically

Automatic Savings
Written by Super User · 22 January 2013

New Year’s Saving Resolution #2: Save Automatically

The following post comes from the America Saves Blog. Follow them on Twitter and Facebook.

January 8, 2013
by Katie Bryan
America Saves Communications Manager

We consistently hear from savers that saving automatically is the easiest way to save. Some savers save all of their change, while others open additional savings accounts at separate financial institutions. Automating your savings will allow you to save regularly without having to think about it. Set it and forget it. Here are four ways you can save automatically in 2013.

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Saving While on Deployment

Deployment Savings
Written by Guest Blogger · 16 January 2013

January 17, 2013
by Justin Melquist


As you prepare to deploy, there are several things you can do to save money while you are away. Although you are busy with pre-deployment training and mentally preparing yourself and your family for the long absence, taking a small amount of time to get a financial plan together can pay off in a big way.

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New Year's Saving Resolution #1: Get Out of Debt

Debt Budgeting
Written by Super User · 16 January 2013

The following post comes from the America Saves Blog. Follow them on Twitter and Facebook.

By Sean Naron
Consumer Federation of America
Administrative and Advocacy Associate

As 2013 begins, make sure to give your finances a checkup and discover if you need to make saving your New Year’s resolution. You may discover that you have debt you need to pay down. The best investment most borrowers can make is to pay off any debt with double-digit interest rates they may have.

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It's Time for a Check-Up: Carefully Check Your Post-Holiday Credit Card Statements

Credit Cards Consumer Protection Fraud
Written by Super User · 15 January 2013

January 15, 2013
by Lila Quintiliani, AFC®
Military Saves Assistant Coordinator
Communication & Outreach

During the holiday rush and the excitement of the New Year, it can be easy to simply skim over your bills.  But the Better Business Bureau is cautioning that consumers should scrutinize their post-holiday credit card statements carefully for fraudulent charges and other errors.  Online shopping was up an estimated 12% this past holiday season, increasing the risk for release of private information and phishing, but consumers at brick and mortar establishments can also become the victims of credit card fraud.

Here are some things you can do to protect yourself:

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7 Simple Savings Strategies

Saving Spending
Written by Super User · 10 January 2013

January 10, 2013
By Rebecca White
AFC® Candidate
FINRA Military Spouse Fellow

I don’t know about you, but when I research savings I find information on everything we should be doing: setting goals, budgeting, putting our savings on auto, cutting back on spending, clipping coupons, etc. Knowing what we should do and actually doing them, though, are two different things.  So, which strategies will actually help us save? Here are seven simple ideas for saving.  Hopefully one (or more!) will work for you.

1.    That’s How Many Hours?

Every time you go to buy something ask yourself: “Is it worth it the hourly rate?” To calculate this rate divide your take home pay by the hours worked in that pay period.  If your household has multiple incomes, use the lowest paying one. You want this to be easy math, so if you come up with $9.76, round up to $10.
Then when you’re spending money, use this trick to consider if it is worth the hourly rate you calculated. For instance: A $60 dinner would be 6 hours of work if you had calculated a rate of $10 an hour. Is just one dinner worth 6 hours of work?

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Tip of the Day

  • Written by Guest Blogger | May 12, 2014

    When opening an account with a bank or credit union ask about overdraft, ATM & other fees that may be in fine print. http://bit.ly/2IoelBh

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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From Shopaholic to Saver

Written by Jackie Toops | January 13, 2021

Many of us spend too much money on things we don’t need, but we don’t always know why. It’s easy to get a quick fix from retail therapy, but before we know it, our hard-earned money is gone. Oftentimes, when we engage in a “shopaholic” lifestyle or sporadic shopping sprees, we still experience feelings of emptiness, but to make it worse, we now have debt, too.

Khanmany was a shopaholic who turned everything around. She is active duty Navy and shares, “I was spending too much on things I didn't need. I was going shopping for no reason and was trying to fill a void. I was running up every credit card I owned to include Victoria's Secret, Military Star, Navy Federal, TJ Maxx, JCPenney, Macy's, USAA, and was only paying the minimum payments.”

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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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