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November is “Add 1% More to Your Savings” Month

November

November (Photo credit: Cape Cod Cyclist)

That’s right, we unofficially declared November to be “Add 1% More to Your Savings” month.  So you can add that to the month-long observances like:

  • No-shave November
  • International Drum Month
  • Sweet Potato Awareness Month
  • and many more (see the list at Wikipedia)

In November we encourage folks to increase their retirement savings rate by at least 1% more than the current rate.  It’s a small step, but it will pay off for you in the long run.

Below is the list of my fellow bloggers who have written articles showing ways that you can start to increase your savings rate, as well as showing what the benefits can be.  Thanks to everyone who has participated so far – and watch for more articles in the weeks to come!

The 1 Percent Solution by John Davis, @MentorCapitalMg

Friday Financial Tidbit-What increasing your retirement contributions 1% can do for your retirement account by Jonathan White, @JWFinCoaching

THE 1% MORE BLOGGING PROJECT by Robert Flach, @rdftaxpro

A Simple Strategy to Maximize Open Enrollment by Jacob Kuebler, @Jakekuebler

Take a Small Step: Increase Your Savings by 1% by Jim Blankenship, @BlankenshipFP

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2 Comments

  1. […] November is Add 1% More to Your Savings Month from Financial Ducks in a Row […]

  2. […] About a year ago Jim Blankmenship, who authors the blog http://www.financialducksinarow.com, challenged his readers, and fellow bloggers, to spread the word about the 1% challenge. This year he’s declaring November the 1% month. […]

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