America Saves Week!

America Saves Week! Survey

Empowering Founders. Building Wealth. Strengthening Communities.

Thank you for taking part of the America Saves Week 2025. Your responses will help us better understand how underrepresented entrepreneurs manage finances and how we can support wealth-building through business savings, financial literacy, and growth tools.

America Saves Week! Kick Off - The Power of Saving Automaticall

Automatic savings is a simple yet powerful tool that ensures you’re consistently working toward your financial goals, whether paying down debt, preparing for emergencies, or saving for long-term dreams.

Let’s explore how automatic savings can help you prioritize your past, present, and future financial needs: 

Save for the Past: Tackling Debt Consistently 

We believe that paying down debt is saving! It’s the first step toward financial freedom for many of us. Setting up automatic payments for loans or credit cards ensures that payments are made on time, helping you avoid late fees and reduce your overall balance. 

America Saves Week! - Saving For The Unexpected

5 Steps to Start and Grow Your Financial Safety Net

Life is full of surprises, and while many of them are joyful—a last-minute getaway or a family celebration—others, like an unexpected car repair or medical bill, can be stressful and expensive. That’s when an emergency fund becomes your financial safety net, giving you peace of mind to enjoy life now while ensuring you’re prepared for the unexpected.

Why an Emergency Fund Matters 

An emergency fund does more than cover surprise expenses—it reduces the stress and uncertainty that often come with life’s curveballs. With money set aside, you can face challenges with confidence instead of panic, avoiding high-interest debt or scrambling to rearrange your finances. 

America Saves Week! - Saving For Major Milestones

Creating a Spending & Savings Plan For Your Family

It’s always the right time to create a saving and spending plan (aka a budget). It’s also a good idea to revisit that plan annually or when a major shift occurs in your income or expenses

Step 1. Determine your income.

To create an effective spending and savings plan, you need to know exactly how much money you’re bringing in each month. Calculate your monthly income by adding your paychecks and any other source of income that you receive regularly. Be sure to use your net pay rather than your gross pay. Your net pay is the amount you receive after taxes and other allocations, like retirement savings, are deducted.