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-   -   America Saves Week (http://www.early-retirement.org/forums/f28/america-saves-week-33672.html)

Milton 02-28-2008 01:36 PM

America Saves Week
 
A new initiative to promote the savings habit: America Saves Week. Funny to see this juxtaposed against the spend 'til you drop incentive Economic Stimulus Act rebate.

Of interest, the Canadian government has just announced a new tax-free savings plan: http://www.cbc.ca/news/background/bu...gs-account.pdf. It's apparently similar to a Roth IRA, but with considerably more flexibility.

REWahoo 02-28-2008 01:51 PM

Yes, America Saves Week, brought to you by Chase Credit Cards.

Cut to the Chase commercial of a wife watching a TV set on the fritz, and telling hubby "You're right, we need a new TV".

Cue Queen singing "I want it all, I want it all, I want it all and I want it now..."

TromboneAl 02-28-2008 02:06 PM

When there are tobacco-style lawsuits against the credit card companies, this is what they'll point to.

Milton 02-28-2008 02:09 PM

Quote:

Originally Posted by REWahoo (Post 621821)
Yes, America Saves Week, brought to you by Chase Credit Cards.

Kinda like those beer commercials: "use our product responsibily".

Milton 02-28-2008 02:13 PM

Quote:

Originally Posted by REWahoo (Post 621821)
Cut to the Chase commercial of a wife watching a TV set on the fritz, and telling hubby "You're right, we need a new TV".

See Larry Winget Money - Personal Development - Business | Credit card commercial and Government stupidity.

growing_older 02-28-2008 07:59 PM

Quote:

Cut to the Chase commercial of a wife watching a TV set on the fritz, and telling hubby "You're right, we need a new TV".
Well, what an example of people interpreting different messages from the same material. I liked this commercial and thought it was one of the few promoting responsible behavior in a long time. The over the top "I want it all" was humorous and quickly replaced with a responsible call, resulting in a modest purchase and approval of the fiscal restraint.

As for "America Saves Week" that seems pretty pointless. Not that I am against savings, but doing it for one week a year isn't going to have much impact. Seems like a PR play, rather than a serious education effort.

REWahoo 02-28-2008 08:23 PM

Quote:

Originally Posted by growing_older (Post 621949)
Well, what an example of people interpreting different messages from the same material. I liked this commercial and thought it was one of the few promoting responsible behavior in a long time. The over the top "I want it all" was humorous and quickly replaced with a responsible call, resulting in a modest purchase and approval of the fiscal restraint.

If you see a call to the CC company to check how much you can charge and stay under your credit limit as 'responsible behavior', I agree that we interpret the "I want it all, and I want it now" message entirely differently. I define responsible behavior as not buying the TV until you can pay cash.


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