Meet Nichole: A Pennsylvania Mom Using the Child Tax Credit to Pay Off Debt and Build Savings
Struggling to stay afloat during the pandemic, Nichole used SaverLife to rebuild her family’s finances. Like many people, the pandemic brought Nichole to the financial brink. Despite working full-time, she struggled to pay her bills, especially with two kids living at home. “Even with food stamps and my job at the time, it wasn’t enough…
Read MoreBuild Back Better Ensures Investment in Families
In July, we witnessed a new chapter in our country’s history. Direct payments of the Child Tax Credit (CTC) reached millions of families across the country and help was on the way for families with children who were struggling to pay for groceries, rent, or utilities, build rainy day funds, afford child care, and meet…
Read MoreNeed Help Paying Rent and Utilities?
Since the COVID-19 pandemic started, we know it’s become even more difficult to pay for rent and utilities. That’s why the Consumer Financial Protection Bureau (CFPB) developed an online, mobile-friendly tool that’s especially meant to help those who are impacted the most by high housing costs: small landlords, women, and people of color (POC). 11…
Read MoreEmmanuel’s Story: A North Carolina Dad Invests in His Family’s Future
Meet Emmanuel, an Applications Analyst at a hospital. He used stimulus payments and savings to pay off debt during the pandemic. Earlier in life, Emmanuel wasn’t “the best with money.” He didn’t learn about money management when he was growing up and accrued significant credit card debt in his twenties. The pandemic has been a…
Read MoreWant to Save Money on Your Monthly Internet Bill?
Could you use a HUGE discount on your monthly internet bill? Do you need new equipment (laptop, desktop computer, or tablet) for yourself or a family member? You might be able to take advantage of the Emergency Broadband Benefit (EBB) program. You could receive up to $50/month or $75/month discount on your monthly internet bill…
Read MoreAsk an Expert episode 4: Let’s chat about the Child Tax Credit
We know the advanced Child Tax Credit is important for families nationwide. Watch our YouTube Live and hear from SaverLife Policy Director, Radha Seshagiri, as well as SaverLife financial coach and CFP, Tania Brown, as they talk about these payments and how this money is making a difference. You’ll also hear from three SaverLife members…
Read MoreHow People are Using the Monthly Child Tax Credit Payments
Families all across the U.S. have been receiving much-needed monthly Child Tax Credit payments since July 15 of this year. From the families we’ve surveyed across the nation, we know that they’re using the money to catch up on bills, afford school supplies for their children, put more food on the table, save for the…
Read MoreShari’s Story: A Mother and Writer Taking Control of Her Family’s Financial Future
Meet Shari, a mother in southern California using SaverLife to help her pay down debt while launching her freelance career. Shari graduated from USC, had a daughter, and launched her career in the midst of the pandemic. “I never knew childbirth was so expensive,” she said. “It’s almost a year later, and I’m still getting…
Read MoreIncreased SNAP Benefits Heading Your Way Starting October 1
Great News The BIGGEST expansion to much-needed food assistance in decades is on its way to recipients nationwide. If you receive FreshEBT benefits, you’re about to see an increase in funds. SNAP: Supplemental Nutrition Assistance ProgramEBT: Electronic Benefits Transfer Fresh EBT is an app that allows SNAP participants to pay for food using SNAP benefits…
Read More6 Myths About Receiving the Child Tax Credit
Stop! Don’t know where to start when it comes to claiming the Child Tax Credit? Take our short quiz to find out. Myth #1: “My kid is 17 years old, so I won’t get the advanced Child Tax Credit.” Yes, you can! This was a significant change that was included in the American Rescue Plan.…
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