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america saves week February 26, 2013

Posted by Bradley in : financial education , trackback

This is America Saves Week:

an annual opportunity for organizations to promote good savings behavior and a chance for individuals to assess their own saving status. Typically thousands of organizations participate in the Week, reaching millions of people.

The Consumer Federation of America, which manages the campaign, released data showing that the financial condition of American families has not improved in the last year. But saving isn’t easy. Even if people can find money to save they won’t earn good rates of interest:one website describes the 1% savings account rate as “the unicorn of banking”.

But not everyone is working hard to encourage savings: Governor Chris Christie signed New Jersey’s Internet Gaming Bill today.

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