Auto Savings
Helps Make Saving Money Easy and Attractive
Beyond American’s investments in a home and contributions made to their employer’s retirement plan, Americans simply aren’t saving. Too many people live paycheck to paycheck and are a small step away from financial disaster. At the same time American’s are not saving, they are increasing their debt burdens and relying on their credit cards as a financial safety net rather than savings.
Auto Savings tries to combat this lack of saving. This idea promotes forced savings by giving members the option of signing a contract to add a specific amount for saving to each auto loan payment. By bundling consumption and savings, these products overcome the obstacle of a lack of self-discipline by making savings automatic and painless.
Visit Auto Savings for more information.
Marketing Materials
-
Auto savings brochure.pdf
458.7 KB
Project Toolkit
The Team
-
David Faleski
Coastal Federal Credit Union | Raleigh, NC
-
Kim Vu
Technology Credit Union | San Jose, CA
-
Lori Hall
American Airlines Federal Credit Union | Ft Worth, TX
-
Michael Murphy
Motorola Employees Credit Union | Schaumburg, IL
-
Steve Fifield
Cyprus Federal Credit Union | West Jordan, UT
-
Tim Mislansky
Wright-Patt Credit Union, Inc. | Fairborn, OH


Post a comment