Have you been furloughed or had your hours reduced?
We’ve been seeing in the news that the national unemployment rate is 13.3%. But it’s clear that some areas of the U.S. are hurting more than others. Many people are also struggling with underemployment and may have had their hours cut, in addition to those who are fully unemployed. We asked about 4,200 people who…
Read MoreStimulus Checks Are Rolling In
Here’s some good news from last week: people are finally receiving their stimulus checks! In mid-April, we asked our members if they expected to receive a check, and we were surprised that an astonishing 27% said no. Fast forward to the end of April, and that number fell by ten percent. We call that progress!…
Read MoreHow COVID-19 is impacting SaverLife members
Spending is down, saving is up As the nation continues to shelter in place, it comes as no surprise that spending on “fun” items and activities has decreased. This includes gym memberships, going to the movies, and eating out. In order to make sure they have enough cash on hand to weather the storm, SaverLife…
Read MoreMeet the Savers Win $5,000 Winner!
In early 2018, we launched Savers Win, a new way to reward you for saving. Savers Win gave away over $10,000 in cash prizes to Savers all across the country, including a $5,000 grand prize. After an incredibly difficult round of deliberations, our panel of judges selected Jessica as our Grand Prize Winner. We showed…
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