Contact Us

Half of Americans Don’t Have Enough Savings [AUDIO/POLL]

A new survey shows only one in two of us have enough savings to adequately prepare for our future.

Flickr User Tax Credits

To encourage more Americans to save, more than 1,000 non-profit, government and corporate groups have joined hands to encourage people to save money during America Saves Week which runs until March 2.

Those who spearhead this annual savings awareness effort describe it as an opportunity to focus on, and encourage individuals, especially those with little or no savings, to take some positive steps toward a savings goal.

“Forty-five percent of Americans have more credit card debt than they have savings in their savings account,” said Joe Kelly of America Saves.

Kelly said there was an increase in interest in savings across America after 9/11. But that savings interest has gradually waned.

One in three in the survey do not have sufficient savings for unexpected emergencies.

Just like building a house, savings starts with a blueprint.  “There’s never a time not to start. a little savings is better than none,” said Kelly.

Audio clip: Adobe Flash Player (version 9 or above) is required to play this audio clip. Download the latest version here. You also need to have JavaScript enabled in your browser.

EVENT: NJ101.5 Is Hosting a Financial Workshop

Best of WOBM

Recommended For You

Best of the Web

Leave a Comment

It appears that you already have an account created within our VIP network of sites on . To keep your personal information safe, we need to verify that it's really you. To activate your account, please confirm your password. When you have confirmed your password, you will be able to log in through Facebook on both sites.

Forgot your password?

*Please note that your prizes and activities will not be shared between programs within our VIP network.

It appears that you already have an account on this site associated with . To connect your existing account just click on the account activation button below. You will maintain your existing VIP profile. After you do this, you will be able to always log in to using your original account information.

*Please note that your prizes and activities will not be shared between programs within our VIP network.

Please fill out the information below to help us provide you a better experience.

(Forgot your password?)

Not a member? Sign up here

Sign up for WOBM Listener Club quickly by connecting your Facebook account. It's just as secure and no password to remember!

Sign up to have exclusive WOBM Listener Club contests, events, coupons, presales, and much more delivered to you for FREE.