Thursday, February 21, 2008

North Carolina Saves Week

Feb. 24 - March 2: Build Wealth, Not Debt

Recently, the Eastern North Carolina Chapter of the National MS Society participated in the North Carolina Assets for Persons with Disabilities Project. Through this Project, we have been asked to share information about a NC savings initiative. Did you know that the US Department of Commerce recently reported that “the savings rate fell into negative territory at minus 0.5 percent?” Americans not only spent all of their after-tax income last year, but they had to dip into previous savings or increase borrowing.

Are you saving? If so, BE COUNTED! Join NCSaves!
NCSaves is a campaign coordinated by a statewide coalition of nonprofit, corporate, and government groups. The coalition, chaired by State Treasurer Richard Moore, includes the IDA and Asset Building Collaborative of North Carolina, the United Way of North Carolina , NC Cooperative Extension, FDIC, EITC Carolinas, Federal Reserve, the North Carolina Bankers Association , financial institutions, community groups and religious organizations. The coalition works together to help individuals and families save and build wealth. Through information, advice, and encouragement, we assist those who wish to pay down debt, build an emergency fund, save for a home, save for an education, or save for retirement. To date NCSaves has over 3,200 savers!

If you're committed to saving or willing to start now, join us by enrolling in NC Saves this week. You'll be joining thousands of other committed savers who choose to be counted. Your commitment will make North Carolina and the nation a place where saving is valued again. Just click here and enroll now or learn more! When you enroll you automatically become eligible to win one of many $50 and $100 savings bonds. Savings Bonds generously donated by the following financial partners: Asheville Savings Bank, Capital Bank, Generations Credit Union, Mountain 1st Bank, RBC, SunTrust & Wachovia.

*If you do not currently have a savings vehicle and would like guidance through financial education, please visit the website for NCSaves coordinator in your area.

Let's show the nation that North Carolinians living with MS are committed to saving and building wealth!
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