Newscasts

PNS Daily Newscast - July 3, 2020 


Economists say coronavirus disaster declarations may be the quickest path to reopening; militia groups use virus, Independence Day to recruit followers.

2020Talks - July 3, 2020 


Trump visits South Dakota's Black Hills, Mt. Rushmore today; nearby tribal leaders object, citing concerns over COVID-19 and a fireworks display. Plus, voter registration numbers are down from this time in 2016.

Nevadans Urged to Plan Financial Future During "America Saves Week"

PHOTO: Nevadans are being asked to start saving money and plan for the future as part of "America Saves Week." Photo courtesy of the U-S Department of Defense.
PHOTO: Nevadans are being asked to start saving money and plan for the future as part of "America Saves Week." Photo courtesy of the U-S Department of Defense.
February 24, 2014

RENO, Nev. - Americans can be big spenders and avid consumers, but just the opposite is being asked of people in Nevada and elsewhere this week: "America Saves Week" runs today through March 1. It's a campaign designed to encourage saving money and planning for retirement.

According to Michele Johnson, CEO of the Financial Guidance Center, transitioning from spending to saving can be difficult for some people, but is a big benefit in the long run.

"You look back and it was painless to accomplish it, so you want to accomplish more," she said. "And then you get your tax refund, and instead of spending it all, you think, well, I can save half of this and still have fun with the other half."

Johnson said the many Nevadans living paycheck to paycheck can get free assistance from the Financial Guidance Center. Her organization specializes in Individual Development Accounts, she said, that provide matching funds for low-income people. The combined savings can be used to help purchase a house, get an education or start a small business.

Johnson said the critical step in planning your financial future is having written and achievable goals.

"You need to put those goals where you see them," she asserted. "Don't make a goal just in your mind. You need to write it down and hang it on the refrigerator or on the bathroom mirror, somewhere where you see it often, so that you can continue working towards it."

Johnson said a good starting goal is to have three months of living expenses banked in case of an emergency.

Troy Wilde, Public News Service - NV