News & Resources: October 2022
To help you along your savings journey, we are curating a list of timely financial news and resources every month. Here are some results from a recent SaverLife Get Out The Vote (GOTV) survey: Nearly 74% of members are already registered to vote. Want to check if you’re registered? Check out our 1-stop guide. 65% are…
Read MoreMeet Brook: A College Junior Looking to Build Her Emergency Fund
Brook didn’t join SaverLife for the cash incentives. A full-time employee of a large retailer in Lincoln, NE, she signed up for SaverLife to maintain her strong savings habits and prepare for college expenses. “In the past two years, knowing I wanted to go back to school, I needed to really save money. So when…
Read MoreHow to Start Saving Money as a Teenager
As a parent, you want your children to learn about the value of money. It sets them up for success and might even keep them from asking to eat out every night. The perfect time for your child to start building up their financial literacy is in their teenage years, and the best habit they…
Read MoreMeet Erick: An Aspiring Teacher Who’s Building His Rainy Day Fund
Erick is a first-year college student living in Whittier, CA. He works full time for a major retailer and enjoys exercising and visiting with friends. He’s also studying to become a high school math teacher. “When I was younger, I didn’t really know what I wanted to do,” Erick explains. “As I kept on growing,…
Read MoreMeet Lauren: A First-Time Homeowner Looking to Strengthen Her Savings Habits
Lauren is a Southern California local who loves to visit Disneyland and Universal Studios in her free time. She works full time in the apparel and accessories department at a large retailer, and she and her husband recently purchased their first home in Rancho Mission Viejo, CA. Lauren is also the winner of $1,500 from…
Read MoreUse This Money Saving Tracker to Keep Your Budget Light
If you have trouble saving, you’re not alone. Surveys have found 38% of American households are struggling to achieve saving goals, and as many as 27% of survey takers feel they haven’t started working towards those goals at all. If you’re looking for a fun, simple, and practical way to save up for your financial…
Read MoreEverything You Need to Know About Saving Money for a Car
Depending on where you live, what you do, and your lifestyle needs, a car may be a necessity. Having a car adds convenience to your life, but it also adds a new level of financial responsibility. If you are looking to own a car, you’ve likely tried to map out how to save. We can…
Read MoreSaverLife’s Take on Student Loan Forgiveness
As a purpose-driven nonprofit, SaverLife is uniquely positioned to lead a systemic change. We support and advance aspirational savings programs, analytic insights, and policy initiatives dedicated to a more equitable America. Last month, President Biden announced a new plan to forgive up to $20,000 in student loan debt for federal student loan borrowers. To find…
Read MoreHow to Put Away Thousands With the 100 Envelope Money Saving Challenge
Ever heard of the 100-envelope money-saving challenge? The challenge first went viral on TikTok, where it seemed to get everyone’s attention. It’s a fun challenge that motivates people to save by visually representing small savings that can add up quickly, cutting out the overwhelming feeling of needing to put away a ton of money at…
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