Cleveland Saves

Description

Cleveland Saves is a broad-based coalition of nonprofit, financial, corporate and government groups which encourages individuals and families to save money so that they can build wealth. Through the delivery of information, advice, and encouragement, Cleveland Saves assists individuals who wish to pay down debt, build an emergency fund, afford a home, education, investments, or retirement in order to improve their standard of living and most important, gain peace of mind. Modeled after the nationwide campaign, America Saves, Cleveland Saves developed from the need to help greater Clevelanders deal with social and economic challenges which impact all aspects of their lives. Through motivation, Cleveland Saves promotes wealth-creation and asset building for all area residents. Nowadays, many individuals and families believe that they cannot afford to save money and begin to build wealth. However, research has proven that income does not dictate whether one will be neither a saver nor a spender. Rather, it indicates that regardless of income, individuals can be either a saver or spender. Admittedly, low-to-moderate income earners cannot save as much as their high income counterparts, however, almost all earners have the ability to build wealth over time. Through contributions to a workplace retirement program, the purchase of a home, and other savings, during their working years most people can accumulate six-figure assets...

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