Ready, set ... JOIN Save UP! on DailyWorth, a year-long, savings initiative that will help every DailyWorth member build her net worth.
You now have thousands of women (all of us)—your built-in cheering squad and advisory board as you save (and unravel why it can be such a !@#$%#&@! challenge).
You've heard a kazillion times that people need to save more, but women need to save more than most. Why?
- Two-thirds of women lack an emergency fund that would cover their bills for a few months, according to a 2009 survey by Financial Finesse.
- Less than half of working women have access to a retirement plan through their jobs, according to a June 2009 report by the Women's Institute for a Secure Retirement.
- Of those that do, only 72% participate!
|How to Participate|
Participation is free, voluntary and quite low-tech. It does require some effort on your part.
We recommend The ING-DIRECT Orange Savings Account - no fees, no minimums.
Step 3. Automate a transfer of funds. You'll learn more about this in The Pledge below.
So let's get started. The Pledge below is also repeated here, where you can leave the comment. Wouldn't it be great to say that DailyWorth collectively saved $1,000,000 this year?
|Yes! I pledge to save in 2010.
Yes! I already have a savings account that I would like to contribute to, or I will set one up. I am calling this account my ___________ (choose: Emergency Fund/Curve-Ball Fund, or anything you'd like to save toward) savings account. I will set it up by this day:_____________.
Yes! I will automate this savings by setting up a transfer to happen on the __th day of every month.
Yes! I will start by saving 5% of my monthly income, or an amount that I am comfortable with, specifically $_______ a month.
Yes! When I am confronted by fear, or hypnotized by the latest sale at ________________ (name favorite store), I will choose my future and save instead.
Yes! I will be patient with myself, and I won't let small set backs keep me from reaching my goal of $_______ saved by December 31st, 2010.