In it’s recent article, Thrift Week? It makes sense, the Philadelphia Inquirer notes the benefits of reviving thrift week.
A revival of National Thrift Week offers endless opportunities for civic and business engagement. Banks and credit unions could partner with local schools or youth organizations to establish savings clubs for young people and to teach about the “miracle of compound interest.” Community groups could sponsor classes in budgeting and savings. Greening of America projects could build “thrift cadres” for local conservation and recycling efforts. Organizations from various sectors could work together.
What got us into the economic downturn is a corrosive culture of debt, waste, and arrogance. What will put us on the path toward sustainable, shared prosperity is a culture of thrift. Bringing back National Thrift Week would be a good start – and the home of America’s Apostle of Thrift is the perfect city to lead the way.
Click here to read the full article.
