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Texas Saves Week: Saving Up

  

Author:
Don Baylor /(512) 320-0222 x 108

February 22, 2012

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This week Texas is one of many states celebrating America Saves Week, a campaign to promote personal savings and encourage individuals to take responsibility for their finances. America Saves works with state and local partners to raise awareness about the importance of saving and helps low- and moderate income individuals open savings accounts. Having savings is key for low-income families to move up to the middle class.

This opportunity couldn’t come at a better time, with so many Texas families falling out of the middle class as a result of the Great Recession. To restore and strengthen the middle class, Texas needs to adopt a new blueprint for increasing household savings and assets.