You never know what you'll find when you "Google" yourself. I rated a one line quote in this Peoria Area C of C paper. Well, it's actually by participants of their leadership school. They are trying to get a program going to encourage saving. Nice thought. People are definitely saving less and going into debt more than in years past. As interest rates come up, that might reverse a bit, but I'm uncertain about how much. A large part of what might be considered savings is home equity, and in some areas, there is talk of a housing bubble. I wouldn't call that true savings.
Grassroots efforts to encourage saving through community organizations has another positive effect of bringing some of the "unbanked" into financial institutions. For some, this might be the first step towards home ownership, and that is something I would definitely support.
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