America Saves Week 2016 | Daily Savings Focus: Pay Off High-Interest Debt

Saturday, February 27: Pay Off High-Interest Debt

With planning, discipline, patience, and maybe some outside help, almost anyone can reduce their debts and start to accumulate wealth. Find places to cut your spending so that you can pay down your debts faster and find places to trim your expenses.

Additional Articles
How to Pay Off High Interest Rate Debt
Which to Tackle First: High-Interest Debt or Small-Balance Debt?

America Saves Week 2016 | Daily Savings Focus: Saving at Tax Time

Friday, February 26: Save at Tax Time

Saving a portion of your tax refund can be a big step toward meeting your savings goals. This tax season, get ahead of your financial goals by splitting your tax refund into savings, and reward yourself with SaveYourRefund.

More tax savings strategies.

America Saves Week 2016 | Daily Savings Focus: Save for Emergencies

Thursday, February 25: Save for Emergencies

An emergency savings fund consists of a small amount of money, usually in a savings account that you do not have easy access to. Saving for this fund starts with small, regularly scheduled contributions that build up over time.

Savings Tips from WESTconsin!
Here are three simple tips for building an emergency savings fund.

1. Automatic Savings | Designate a portion of your paycheck to be automatically transferred to your emergency savings fund. Ask your Member Services Representative about setting up an additional savings account titled "Emergency." Saving even $20 per month will help you to build almost 50% of a $500 emergency fund! WESTconsin Online allows you to set up automatic transfers! Click here for more information.
2. Unexpected Income | Place unexpected income (i.e. gifts of money, tax return, rebates) into your emergency savings fund.
3. Impulse Savings | Turn impulse buying into a positive savings behavior. Place money you would have spent on an impulse buy into your savings account instead.

America Saves Week 2016 | Daily Savings Focus: Save for Retirement

Wednesday, February 24: Save for Retirement

Saving now for retirement will ensure that you have enough money to have a comfortable standard of living when you stop or reduce the amount of hours you work. Participate in a work-related retirement program, open up a Roth IRA, or open a free and easy myRA account. Already saving? Increase the amount you save toward retirement by 1% in 2016.

WESTconsin can help! Check out our Individual Retirement Account (IRA) page or call your Member Services Representative at your local WESTconsin office and start saving today!

America Saves Week 2016 | Daily Savings Focus: Assess Your Savings

Tuesday, February 23: Assess Your Savings

The beginning of the year is a great time to get to know your full financial picture. If you only do one thing during America Saves Week, visit AmericaSavesWeek.org and Assess Your Savings.

America Saves Week 2016 | Daily Savings Focus: Save Automatically

Monday, February 22: Save Automatically

It can be hard to put aside money for savings, but there is an easy way to save money without ever missing it – make your savings automatic in 2016. Already saving automatically? Find ways to automate other aspects of your financial life this year.

Set up automatic savings with WESTconsin Online! Login, hover over the Move Money tab and click on Schedule a Transfer. From there you can choose the amount to transfer, the accounts to transfer from and to, the frequency and recurrence. Voilà! Automatic savings!

America Saves Week | February 22-27

We are excited to participate in America Saves Week starting Monday, February 22! This is our second year participating. Watch our blog and social media platforms for articles, tips and tricks to help you save more in 2016! Will you take the pledge? ‪#‎ASW2016

Schedule of Content:
Monday, February 22: Save Automatically
Tuesday, February 23: Assess Your Savings
Wednesday, February 24: Save for Retirement
Thursday, February 25: Save for Emergencies
Friday, February 26: Saving at Tax Time
Saturday, February 27: Pay Off High-Interest Debt