America Saves Week: Saving for Your Past, Present, and Future
Published on April 7, 2025
•3 min read
The week of April 7-11 is America Saves Week, focusing on building savings goals that will benefit you today and well into your future. Each day of the week features an important savings theme, which help you create a savings plan you’ll feel great about!
- Saving Automatically | Monday, April 7, 2025
- Saving for the Unexpected | Tuesday, April 8, 2025
- Saving for Major Milestones | Wednesday, April 9, 2025
- Paying Down Debt Is Saving | Thursday, April 10, 2025
- Saving At Any Age | Friday, April 11, 2025
How do these themes play into your past, present and future?
Saving for Your Past
It may seem like an unusual concept to “save for your past,” but this strategy can have a significant impact on your financial goals going forward. Implementing a new savings plan is only possible when you identify what has worked and what hasn’t when saving in the past.
Three days of America Saves Week— Saving Automatically, Saving for the Unexpected, and Paying Down Debt is Saving— will help you identify what past behavior have impacted your current budgeting or future planning.
Whether it’s time to cancel unnecessary subscriptions or reduce eating out, looking back at where your money has historically gone tells you where to cut back and how much money you’ve just freed up to allocate toward your financial goals.
Saving for Your Present
If you don’t have one yet, an emergency fund will likely be your first goal for the present, to ensure that when life happens, you’re prepared.
Building an emergency fund with 3 to 6 months of expenses starts with a savings account and a commitment to putting away a set amount from each paycheck. Automatic transfers into a high yield account can help you continue to build faster.
Metro’s Metro Checking members can set up those automatic transfers into their Membership Savings account easily, earning a premium rate on balances up to $3,000. They’ll also earn interest on the balance in their checking, which makes reaching savings goals even easier.
Paying down debt might be the savings goal of your present, too. High-interest debt can take a major chunk out of your discretionary income. Sometimes, attacking the debt before focusing on savings is the best choice. Paying Down Debt is Saving covers the advantages of reducing debt while building your savings, where to start, and how to attack it.
Saving for Your Future
Saving goals often come with a future-focused mindset, whether it’s a college fund for kids or retirement funds to ensure you don’t have to work forever. Whatever future you hope to have, there’s a savings goal for it.
Just know, as Saving at Any Age reminds us, it’s never too late to start saving. Whether you’re 18 or 58, if you have a financial goal and the determination to see it through, nothing is out of reach.
Is your goal to retire at a beach house and never work again? Consider an IRA account. Is your goal to save toward a downpayment on your first home? It might be time to investigate a High Yield Savings account. Do you want to travel more? A Vacation Club might be the right option for you.
The first step for saving toward your future is understanding what your priorities and needs. As you can see, there are many different options that can help you achieve those dreams.
America Saves Week is here to help you reflect on your savings, feel empowered with expert knowledge, and prepare you to start acting on your plan!
Looking for more guidance? Learn more about how Metro’s savings accounts can land you closer to your savings goals. Connect with an agent in the Digital Branch today!
