CT Dept of Banking

@GovNedLamont This morning Commissioner Perez reminded residents that their money is safe in banks and credit unions. Read the release here: portal.ct.gov/DOB/Newsroom/2…

Today, we're wearing purple w/ fellow women leaders in Government for Women and Girls' Day at the Capitol!

@UConnExtension A10: The America Saves Pledge is a pledge that you make to yourself to create a simple savings plan that works for you! It’s free, and it encourages everyone to save for future goals and gain financial freedom. #ASW2020 #CTSaves

A10) In Connecticut, we have the #CTSaves Pledge! You can also visit bit.ly/2ElViXN to learn about educational programs and events offered in our state. #ASW2020 #CTSaves

@UConnExtension Q10. Taking the America Saves pledge is a commitment to yourself to making saving a priority. The text option is great! It sends you a text once every few weeks with helpful savings tips and reminders. #ctsaves #ASW2020

Q10: What is the America Saves Pledge? Why should I sign up? #ASW2020 #CTSaves

@UConnExtension A9: Create a “dream” jar and have everyone contribute to save up for something the whole family can enjoy. This activity will not only teach kids the importance of saving, but it will also create a family bonding activity. #ASW2020 #CTSaves

@UConnExtension Q9. Keep a change jar where everyone can contribute. As an extra fun incentive, keep a list of things you are saving for as a family. #ctsaves #ASW2020

Q9: How can a family save together? #ASW2020 #CTSaves

@UConnExtension Q9. A fun way a family can save together is by collecting plastic bottles and soda cans and returning them to the store together. Keep track of how much you collect. It’s amazing how quickly it adds up over time! #ctsaves #ASW2020

@UConnExtension A8: Use a banking app or set a calendar reminder on your phone to deposit into your saving account. There are so many ways you can $ave, figure out what is right for you! AmericaSaves.org has at ton of great ideas! 🧠 #ASW2020 #CTSaves

@UConnExtension Q8. Have a certain amount of money diverted into a special savings account that you do not touch. Set it and forget it! This works great if you are saving for a specific purpose. #ctsaves #ASW2020

Q8: What are some creative ways to save? #ASW2020 #CTSaves

@UConnExtension Q8. Never purchase expensive items on impulse. Think over each expensive purchase for at least 24 hours. Acting on this principle will mean you have far fewer regrets about impulse purchases, and far more money for emergency savings. #ctsaves #ASW2020

A3) National Jump$tart has a great clearinghouse for anyone interested in helping young people learn about saving. Learn more here: bit.ly/2TahkE9 #ASW2020 #CTSaves

@UConnExtension Q7. Read your supermarket’s weekly flyer and plan meals around what’s on sale. Buying in bulk and freezing is also a great way to save. You’ll be surprised to see over time that you have more money in your wallet. #ctsaves #ASW2020

Q7: I have a lot of bills - how can I save? #ASW2020 #CTSaves

@UConnExtension Q7. Stop accruing more debt! This can be difficult, and for some people they may need to change their habits. For example, make your coffee in the morning and take it with you. #ctsaves #ASW2020

A5) With an emergency fund, you can rest easier knowing you have some money set aside for when life happens. #ASW2020 #CTSaves

@UConnExtension Set up automatic contributions to a retirement account. Employer-sponsored plans, such as a 401(K) or a 403(B) allow you to contribute pre-tax money from your paycheck to invest. Some employers match your contribution. #ctsaves #ASW2020

Q6: Retirement is years away - how can I stay motivated to save for it now? #ASW2020 #CTSaves

A5) Life has a way of bringing surprises—some are good and others may be a challenge. With a “rainy day” or emergency fund, you have more options as to your options for dealing with those events.

@UConnExtension Q6. Spend time with retired friends and family who can share what retirement is really like. Think about the lifestyle you want to have when you are older, and make a list of your goals. #ctsaves

A4. It’s wise to take a closer look periodically and consider whether or not our spending reflects current financial needs and priorities. There may be opportunities to make adjustments. #ASW2020 #CTSaves

@UConnExtension Q5. A great reason to save is to avoid financial stress – that worry or anxiety over paying bills or dealing with debt. There is also peace of mind in knowing you have money in a savings account in case of an emergency or unexpected change to our income. #ctsaves #ASW2020

Q5: Why is it helpful to "save for the unexpected"? #ASW2020 #CTSaves