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ICFE
ICFE eNEWS #17-08 - February 24th 2017

AMERICA / MILITARY SAVES WEEK February 27th 2017

Promoting automatic savings to help people reach their savings goals

America/Military Saves Week is scheduled for February 27 - March 4, 2017 to spread the saving message and to encourage people to make savings automatic as part of America/Military Saves Week. America Saves Week is a great opportunity to help people in our community to Set a Goal, Make a Plan, and Save Automatically.

Take the America Saves Pledge

When someone takes the America Saves Pledge, they identify a savings goal (such as emergency fund or retirement), an amount to save per month, and the number of months they will save that amount. In other words, they make a basic savings plan. And those with a plan are more likely to spend less than they earn and save the difference than those without a plan.

BENEFITS TO SAVERS:

  • Quick way to create a basic savings plan, helping individuals save more successfully
  • Series of welcome emails to motivate individuals to save towards their selected goal
  • Additional emails with:
    • Challenges to encourage individuals to take action like saving $50 more, making lunch every day for a week, or automating their savings
    • Stories and tips from savers just like them
    • Reminders of the goal, amount to save, and timeframe they selected
    • The opportunity to report if they saved or not and to choose a new goal
    • The option to receive text messages with reminders to save and tips on the savings goal they selected.

America/Military Saves Week is coordinated by America Saves and the America Savings Education Council. The Week is an annual opportunity for organizations to promote good savings behavior and a chance for individuals to assess their own saving status. Learn more at AmericaSavesWeek.org.

2017 AMERICA/MILITARY SAVES WEEK

A PROCLAMATION

WHEREAS, personal and household savings is fundamental to America's stability and vitality; and
WHEREAS, adequate emergency savings, retirement funds, and safe debt‐income ratios are critical components of personal financial security; and
WHEREAS, America/Military Saves is a national campaign to persuade, encourage, and motivate Americans to take financial action in building wealth through saving money and reducing debt;
WHEREAS, the ICFE is a partner in the America/Military Saves campaign and is urging immediate and ongoing financial action to Build Wealth, Not Debt;
NOW, THEREFORE, the American Savings Education Council hereby proclaims the week of February 27 through March 4, 2017 as
AMERICA and MILITARY SAVES WEEK!


Paul S Richard PhotoICFE eNEWS is available FREE upon request by visiting our Web site and filling out the contact form, and selecting "Yes" for "Add to Mailing List. Please pass this eNEWS on to your peers and interested others and invite them to subscribe for free. Also, visit the ICFE's new Web site: StudentDebtHelp.org

Sent by:

Paul S. Richard
President - Executive Director
Institute of Consumer Financial Education (ICFE)

About the ICFE:

The Institute of Consumer Financial Education (ICFE) was founded in 1982 by the late Loren Dunton (creator of the Certified Financial Planner (CFP) designation).  The ICFE is dedicated to helping consumers of all ages to improve their spending, increase savings and use credit more wisely. 
The ICFE is an award winning, nonprofit, consumer education organization that has helped millions of people through its education programs and Resources. It publishes the Do-It-Yourself Credit File correction Guide, which is updated annually. The ICFE has distributed over one million Credit/Debit Card Warning Labels and Credit/Debit Card Sleeves world wide.

The ICFE became an official partner with the Department of Defense/Financial Readiness Campaign in June of 2004.The ICFE was an active partner in the California Student Debt Resource Awareness Project (CASDRAP) which resulted in a new web site: (studentdebthelp.org).  CASDRAP disbanded in 2010, shortly after the web site project was completed.  In 2011 the ICFE assumed the single sponsorship of the (studentdebthelp.org) web site and is now responsible for its content and operation.

The ICFE is also an on-line help for consumers who spend too much.  ICFE's spending help was featured in PARADE Magazine in the Intelligence Report section. The money helps and tips are from the ICFE's Money Instruction Book, our course in personal finance.

Visit the ICFE's other web sites at: www.financial-education-icfe.org and studentdebthelp.org.  Both sites helps consumers and students with mending spending, learning about the proper use of credit, budget and expense guidelines, how to set up and implement a spending-plan and also how to access financial education courses and how to teach children about money. Other ICFE services include: Ask Mr. G,  a free eNews, and an online resource center for students, parents and educators, plus financial education learning tools and a book store.

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