Consumer finance groups tout benefits of automatic savings programs

automatic savings programs
automatic savings programs

Earlier today, the Consumer Federation of America (CFA) and the Financial Services Roundtable (FSR) released the results of two new consumer surveys -- both of which you may be interested in.

(But if you aren't interested, here's a video you can click on, featuring a cat playing the piano. I aim to please.)

OK, now, where was I? Oh, yes, these surveys. They were both about automatic saving, as in, the practice of money being taken out of your checking account automatically and going directly to a savings account. As we all know, as a nation, we don't save enough.