Governor Jay Inslee has proclaimed February 22-27, 2016 as Washington Saves Week.
Washington Saves Week is an annual opportunity for organizations to promote good savings behavior and a chance for individuals to assess their own saving status.
Review Your Savings Plan
Washington Saves Week is a good time to review your savings strategies and consider how you can make improvements. Just like your car needs a tune-up, your savings goals and strategies may need one as well.
- Where’s Your Money Going?
A good place to start is to track your current expenses and determine if your money is going where you want it to. You may find that you are spending more than you’d like on some items and may consider finding ways to cut back.
- Saving for Emergencies
Financial experts recommend that you set aside 3-6 months of living expenses in an emergency savings account. Emergencies do happen and it’s best to be prepared.
- Saving for the Future
When you are reviewing your savings habits look toward the future as well. Regularly investing in a retirement account helps you accumulate wealth over the long term. Let time work for you and get started today!
America Saves Week Campaign
Washington Saves Week is a part of the America Saves Week campaign coordinated by America Saves and the America Savings Education Council.
The Washington State Department of Financial Institutions (DFI) is a proud supporter of Washington Saves Week and encourages all Washington residents to review their savings strategies and to learn more about resources and programs available to them in their community.