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On Site Coverage: CFA's Shirley Suggests Using Credit To Promote Savings

SAN DIEGO, Calif. -- Savings programs might be more successful if they are linked to credit programs, said Sarah Shirley, director of the Consumer Federation of America's Military Saves program.

By Heather Anderson | Updated on July 09, 2008

SAN DIEGO, Calif. — Savings programs might be more successful if they are linked to credit programs, said Sarah Shirley, director of the Consumer Federation of America’s Military Saves program. Shirley addressed the Defense Credit Union Summit this morning as part of NAFCU’s 41st Annual Conference.

“Our culture is so credit dependent, it might not make sense to stay so hard line on separating saving from the use of credit. Instead, maybe we should admit we’re a credit dependent culture, and use it to our advantage,” she said.

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