The Coming Decade of Economic Wisdom

Post by Arkadi Kuhlmann, CEO of Savings Americans are entering 2010 decidedly optimistic about their financial futures. Historically, this level of confidence is associated with a breakdown in individual financial discipline. This time, though, might be different. According to a new ING DIRECT/Harris Interactive poll, 62 percent of Americans believe the economy will improve this year. Among the unemployed, a striking 60
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Which word is most fitting? Vote here.

The preliminary results are in for our first-ever Neologism contest . What’s a neologism? It’s a newly-coined word or expression. And since we like words almost as much as we like saving, we asked readers to invent a word or expression that fits the following: [poll id="33"] This poll is now closed! Congratulations to our clever wordsmithing winners:
  • 2nd runner up: Pantapalooza, submitted by Susi
  • 1st runner up: Pocket Cache, submitted by Joe
  • Grand prize: Linterest, submitted by Deborah
  • Want to stay
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    Breathe in these 5 financial rites of spring.

    By Kendall R., Savings Advocate ws-8 Yippee, spring is here! Like many other Americans, the first sign of warm weather made me eager to start checking off my change-of-season to-do lists, cleaning out my closets, and generally getting my life in order. But as I began, I realized there are areas where I’m still carrying excess clutter. Mainly, those hard-to-reach,
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    Meet Nancy, 62, from Tallahassee, FL: Part 2

    This is Nancy’s second post in our Customer Blogger series. Read her first post here. nancy_mod Bio: Sixty and single, accountant, artist, author, grandmother of 5. Love to travel. I’m still working but would rather be romping around the world right about now — or at least free for a leisurely afternoon beach trip in the middle of the week. Being a single female with limited savings (or options) adds to the dilemma. I’m sixty and single—but I’m also daughter, sister, mother, grandmother. When the last grandbaby was on the way I was having a casual conversation and mentioned that I planned to visit when he arrived. “Your first one?” “No, my fifth.” OMG, it was like a sledge hammer suddenly
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    Meet Susan, 33, from Cincinnati, OH: Part 2

    This is Susan’s second post in our Customer Blogger series. Read her first post here. susan_mod Bio: I'm a 30-something wife and mom of two young children, living in the town where I grew up (Cincinnati). Last year, I left the comfort of corporate America to start my own business. I've always had a savings account, but HOW I've used it has been a bit of a roller coaster ride over the years. The past few weeks have been absolutely nuts. I’ve been working day and night to get our house ready to sell. Who knew “staging” a house for the market meant putting 75% of your stuff in storage, painting all the colored walls beige, decorating each room like a
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    Meet T.J., 24, from Cresskill, NJ: Part 2

    This is T.J.’s second post in our Customer Blogger series. Read his first post here . tj_mod Bio: I’m a 2008 college graduate who works in Manhattan as Development Assistant at a non-profit organization. I’m from New Jersey, land of fist-pumping guys and table-flipping housewives. [Editor’s note: I am neither.] I was born in South Korea, but was adopted when I was three months old, and embrace diversity in all aspects of my life. The process of learning how to save has been exactly that — a process — and it’s something I am slowly, but surely, learning through trial and error. I always have a burst of athletic inspiration around the Olympics. It flares—and then quickly fades. So much for maximizing my gym membership. Many years ago, I set the goal of running a half marathon: Thirteen miles. In preparation, I had bursts of
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    Meet Alicia, 26, from Starkville, MS: Part 2

    This is Alicia's second post in our Customer Blogger series. Read her first post here. alicia_mod Bio: I'm a college graduate with no debt! I took an office job to pay off my student loans and have been slowly saving for no particular goal other than to have a savings. My husband is pursuing a PhD, so as of right now I am the breadwinner, and English majors were never meant to be breadwinners. Our income and savings while meager allows some travel and indulgences such as our two pound puppies and two indoor rabbits. I live in rural Mississippi, and I like to be anywhere else. A different kind of savings: Until summer of 2007, I lived a fairly miserly life, constrained mostly by graduate school finances (or lack thereof). A good life, yes, but one with limited travel and few indulgences. I got my first full time job in July, but I barely had a
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    33 Comments

    Meet Matt, 34, from Chicago, IL: Part 2

    This is Matt's second post in our Customer Blogger series. Read his first post here. matt_mod Bio: Youngish, vegetarian, married father of two. Avid gardener and Mr. Handyman. My wife and I don't make a ton of money, but we want to hold on to as much as we can, so we don't have to struggle like our parents did. The Grocery Hustle I’m a fan of eating.  What can I say?  I’m a big guy and food is delicious.  We eat together as a family most nights, and either my wife or I cook.  It’s not always easy (have you every tried to make a three-year-old eat anything that’s
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    We’re looking for a few good Savers (and writers). Share your stories and we’ll share some savings.

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    Is that a bank branch in your pocket?

    Have you had the chance to download the Official App of Savers? Yep, that’s ING DIRECT’s full-featured mobile application for smart phones—helping Savers to be more nimble and efficient. With mobile banking, your finances are accessible anytime, anywhere. Frankly, we can’t think of anything more financially liberating than being untethered from the desktop, laptop or bank branch line. This means you can do stuff like check balances while you’re waiting in line at the DMV, pay your cable bill during a particularly boring office meeting or send a quick pay-back to your pal for covering dinner—while still at the restaurant. To celebrate this banking liberation, we have this cool contest called “Bank From Any Corner.” So make sure to grab the app from the iTunes app store or BlackBerry App World, find
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