By Robert Stammers, CFA
Director, Investor Education
America Saves Week recommends that individuals find ways to “save automatically” as a means of achieving their financial goals without breaking the budget.
With America Saves Week (February 19–26) around the corner, it is a good time for Americans to review their savings habits and to determine easier ways to save. Many people have difficulty achieving their savings goals because they lack the financial discipline to save or because they set their savings targets well above what might be reasonable. One way to circumvent both of these issues is to find ways to save automatically that won’t have a significant effect on your budget but that can result in significant savings over time.