Resources to help you make a plan to save.
Knowing you have money set aside to meet your short- and long-term goals can reduce stress and may lead to a higher level of financial well-being. Learn how you can use your tax refund to meet your savings goals.
If you are a tax preparer, we’ve got tips you can use to help people save and build assets during tax time
If you work directly with people who are living paycheck to paycheck, tax time is a good opportunity to encourage saving.
Making and sticking to a budget can be challenging. Finding ways to keep track of your spending can help you meet your financial goals.
Saving during tax time can help you be prepared for financial emergencies and begin to plan for the future.
If you’re claiming the Earned Income Tax Credit or Additional Child Tax Credit, due to a new law, you won’t receive your refund until after February 15, 2017.
We released the results of a Project Catalyst research project finding that offering a small incentive to prepaid card users to put some of their money into a savings wallet doubled uptake of the wallet.
For many people, making ends meet throughout the year is tough, and saving regularly may seem unrealistic. If you’re getting a tax refund, why not consider saving some of it to build an emergency fund or start a nest egg? Whatever your savings goal, now is a great time to start.
Parents often want to open accounts for their children, to help them learn about saving for the future and managing their money. And young people often go to a bank to open an account when they get their first job and start earning money. However, when trying to open an account for a child under age 18, some people run into roadblocks.
Goals, whether long term or short term, usually cost money to accomplish. That means when you have a life goal, you probably have a financial goal, too. Life goals—and financial goals—can be small or large, short-term or long-term. Helping consumers reach their own goals is an important part of our mission. Whatever your goals are, here are a few steps that can help you reach them.
America Saves Week is coming soon. This annual event helps thousands of us start out on a regular program of saving money toward our goals. We’ve all got goals and plans for the future, and a lot of them cost money.
We want to help people improve their financial lives, so we want to help them set goals that can make a real difference, and work toward them. That’s why we talked to consumers across the country, to hear what they had to say about financial well-being and what it means to them. You can see what we learned in our report on financial well-being.
In the next few months most U.S. households will be filing their tax returns. The holidays are over and it’s worth taking a few minutes now to think ahead to the tax filing season. You may have options you haven’t thought about before.
We believe that consumers are more likely to save if they have access to the right tools. Today, we’re announcing that, as part of Project Catalyst, we’ll be working with American Express to evaluate practices to promote regular saving habits among prepaid card users.
Today, we’re announcing that as part of Project Catalyst, we’ll be working with H&R Block to evaluate practices to promote consumer saving behavior during tax time.
Our quick and easy-to-use My New Money Goal financial planning worksheet can help you set a goal and make a plan.
With the beginning of the New Year comes income tax season—that time between late January and April 15 when almost all American households have to file a tax return. It’s not too early to get a grip on your taxes.
This post is part of a series for National Consumer Protection Week Filing taxes doesn’t have to be the worst. For some, tax time can offer an opportunity to set some money aside for goals or a rainy day. The Earned Income Tax Credit (EITC) is a refundable tax credit for low to moderate income […]
Since we launched on July 21st 2011, we’ve heard directly from consumers about the challenges they face in the marketplace, brought their concerns to the attention of financial institutions, and helped address their complaints. Accepting, resolving, and analyzing consumer complaints is an integral part of our work. This week, we’ll be featuring stories from consumers […]
This past year, we’ve been working with the Department of Education on a project to help colleges provide clear and comparable financial aid information. Over the course of that project, we learned that more standard information could spur the innovation of apps and digital tools to allow students to better understand their decision to take […]
Last week, I joined the Consumer Financial Protection Bureau as Assistant Director of the Office of Financial Empowerment, which is part of our Division of Consumer Education and Engagement. We share a common goal with our colleagues across the Bureau: to protect and empower all consumers. The Office of Financial Empowerment has a special focus […]
There are certain occasions in everyone’s life when one decision can have long-lasting effects. How will you pay for college? Which mortgage should you choose? Where will you turn when you need credit? When will you start saving for retirement? How you answer these questions and others like them can profoundly impact your financial future. […]