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America Saves Week: Take Your Financial Future into Your Own Hands

By Sharon Powell and Mary Jo Katras, Extension Educators — Family Resiliency

Did you know that only half of Americans report having good savings habits? The America Saves campaign and the American Savings Education Council teamed up in 2007 to form America Saves Week (ASW), an annual opportunity for organizations to promote good savings behavior and for individuals to assess their own saving status. This year, ASW is February 23–28.

Two years ago, a group of Minnesota organizations came together to build on ASW by creating Minnesota Saves, a state branch of the national ASW campaign. The Better Business Bureaus of Minnesota and North Dakota coordinate this effort in collaboration with University of Minnesota Extension, the Financial Planning Association of Minnesota, Trust Vets, and other community partners.

This year's Minnesota Saves event, “Building Your Life: Saving$,” is a free resource fair designed to promote positive savings behaviors to consumers, businesses, and employees. The event will take place this Friday, February 20, from 2–6 p.m. at the North Hennepin Community College Grand Hall (7411 85th Avenue North, Brooklyn Park, MN 55445). Twenty-one agencies representing financial services, community non-profit organizations, and the military will share their expertise and resources. The event will feature six mini-workshops on children’s literacy, scams and frauds, financial planning for young adults, military-specific financial issues, and housing. No registration is necessary and all are welcome!

Individuals and families are invited to make personal savings pledges and take photos of their savings goals, which will be be tweeted by @MinnesotaSaves. Follow along on Twitter.
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