Wisconsin Saves Week Begins Monday

As part of America Saves Week which begins on Monday, the Office of the State Treasurer is proclaiming the week Wisconsin Saves Week. The purpose of this campaign is to start a conversation around ways we can support personal savings practices and foster a culture of saving in Wisconsin. In this national campaign, Wisconsin has been lagging behind and we are changing it. Fifty-one percent of Wisconsinites don’t have enough money saved to cover expenses if they are laid off or experience an illness. Additionally, the average working-age household has only $3,000 saved for retirement. When asked, 88% of Wisconsinites wished they saved more. State Treasurer Sarah Godlewski stated “I understand personal finance is a challenge for many reasons, and our hope with this campaign is to raise awareness. Saving even $5 a month can make difference.” To learn more about the tools and resources available, we encourage people to visit Wisconsin-Saves.org and AmericaSaves.org .