CFPB unveils new Savings Boot Camp email series for consumers

cfpb-logoThe CFPB released a new savings booklet and email boot camp, which provides eight tools to help consumers plan for short-term and long-term goals.

The booklet is meant to be used in conjunction with one-on-one financial counseling or coaching received through a case manager or other service provider, but it can also be used by individuals on their own as they think about how to start and keep saving, according to a CFPB blog post.

The tools in the booklet help answer the following questions:

  • What could saving make possible for me?
  • Where can I put my savings?
  • How can I plan to save?
  • How can I save more in my current situation?
  • How much can I save each month?
  • How can I manage cash flow better?
  • How can I save when I get a tax refund?
  • How can I prepare for unexpected expenses?

The new CFPB Savings Boot Camp email series also informs consumes on how to start saving and addresses issues such as: building a savings plan, making savings automatic, better managing cash flow, and saving at tax time, including using all of part of a tax refund to

To learn more, visit the CFPB’s website.

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