Save by Reducing Debt

Feb 28, 2020 8:36:00 AM

Are you currently working to pay down your debt? Well, guess what? You ARE SAVING!

When you actively reduce your debt, you save on interest. When you pay on time, you save on late fees and maintain your credit score – which will save money long-term. 

Reducing debt should be acknowledged and celebrated as a form of saving and a component of your financial plan.

As a participant of America Saves Week, we encourage you to celebrate your savings journey by joining a community of people on a similar savings journey. The #ThinkLikeASaver Facebook Group is hosted by America Saves. Once approved, be sure to answer today’s Poll!

Two more actions you can take as part of America Saves Week:

  1. Take the America Saves Pledge.
  2. Enter the #ImSavingFor Sweepstakes for a chance to win up to $750. 

If saving for retirement is your current savings goal, be sure to take the America Saves Pledge and receive tips, reminders, and other resources to support you on your savings journey.

The #ImSavingFor Sweepstakes is still ongoing! Don’t miss out on your chance to win $750 in cash.

See official rules

Tags: Savings, Debt Management