February 22, 2016

FDIC: Consumers Encouraged To Develop A Plan To Save Toward Their Goals

The Federal Deposit Insurance Corporation (FDIC) encourages consumers to use America Saves Week as a time to begin or continue saving toward financial goals.

FDIC Chairman Martin J. Gruenberg said: “Making regular savings deposits – even small ones – into a federally insured financial institution is a safe way to work toward your financial goals. During America Saves Week, I encourage consumers to set up automatic, recurring deposits into savings accounts to help meet savings goals. And, parents can help their children explore opportunities for youth savings accounts to build stronger financial futures together.”

America Saves Week, which runs between February 22 and February 27, is an annual opportunity for organizations to encourage consumers to make a savings commitment and to provide helpful resources. The FDIC has educational resources, such as Money Smart, which has a “Pay Yourself First” module on saving.

To learn more about America Saves Week and savings-related resources from the FDIC, visit https://www.fdic.gov/deposit/deposits/savings.html.

This post was originally published here.