Healthy Finances, Healthy Heart
Chelsea Groton Bank FEBRUARY 2016

Mutual Matters

 

BRINGING NEWS AND INFORMATION
TOGETHER FOR YOU.

Improve Your Savings During America Saves Week

Chelsea Groton Bank is one of over 1,000 corporations and organizations who are championing America Saves Week. The Week, which will occur February 22 – 27, is coordinated by America Saves and the American Savings Education Council. It was developed in 2007 as an annual opportunity for organizations to promote good savings behavior and a chance for individuals to assess their own saving status.

America Saves Week has a number of resources available to help you evaluate your current savings situation, and plan to save in the future:

  • Savings Assessment
    Like your health, you should assess your savings annually to make sure your savings priorities are on the right track. Complete this simple 12-question assessment to find out your current standing and help you plan for the future.
  • Savings Preparedness
    Check off your savings accomplishments on the Saver Checklist to further evaluate where your savings habits need strengthening for your future goals.
  • America Saves Pledge
    Those with a savings plan are two times more likely to save for emergencies and retirement than those without one. Join more than 450,000 American Savers who have already committed to save. When you take the pledge, you can choose to receive text message tips and reminders to help you save toward your goals.

Chelsea Groton Bank also offers resources to assist members of our community to reach their savings goals:

  • Free Community Education Classes
    Chelsea Groton Bank offers free educational classes to members of our community. Topics include Budgeting Basics, Home-buying Seminars, Credit Do's and Don'ts, and more. Courses are taught at various locations across the Bank's footprint. If you're interested in attending a class, or have questions, contact Pam Days-Luketich, the Bank's Community Outreach Officer, at 860-448-4236 or pdays-luketich@chelseagroton.com.
  • 52 Week Savings Challenge
    Whether you're interested in saving for a rainy day fund or a vacation, use America Saves Week as a jumpstart to putting money away all year long. Chelsea Groton produced a 26 and 52 Week Savings Challenge for participants to print out (by clicking the link above) or pick up at a local branch. If the plan is followed exactly, those following the 52 week plan and contributing weekly will have saved $1,378. Biweekly contributors who follow the 26 week plan will have saved $1,053 at the end of the cycle.

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