America Saves Week will be held Feb. 24 to March 1 and is a national movement for promoting healthy savings habits. Locally, Northwoods Saves, a personal financial coaching nonprofit, encourages community members and organizations to by making a personal savings plan, pledging to save money or increasing contributions to retirement accounts.
Tracy Beckman, program and volunteer coordinator said that educators, nonprofits, governments, civic groups, businesses and financial institutions can help promote saving.
“America Saves Week is a great opportunity to help people in our community set a goal, make a plan and save automatically,” Beckman said. “Savers make better employees, better customers, better borrowers and are overall less stressed about day-to-day life.”
During America Saves Week, Northwoods Saves will focus on youth by partnering with educators at the grade-school level and by participating in Mad City Money Feb. 25 at the Rhinelander High School.