How to Pay Bills Without a Bank Account

According to a report by the FDIC (Federal Deposit Insurance Corporation) in 2019, 5.4% of households in American were unbanked or had no bank accounts. There are several reasons that someone may not have a bank account. Past financial mistakes like too many overdraft fees or bounced checks can make it hard to open a…

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How to Teach Your Kids to Budget for Their First Jobs

First of all, congratulations! Your teen has their first paying job. This is a milestone and a time where they’ll learn new things about work, life, money, and themselves. This is an excellent time to teach foundational principles and practical budgeting. Your teen can also earn more financial independence. Save. Spend. Give. All the things…

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How to Prepare for a Family Financially

Black family of 3 all wearing blue jeans and white tops while smiling and teaching their daughter how to ride a bike

Since we know that everything affects everything, let’s talk about how our financial lives are impacted by our families. Over 80% of SaverLife members live with at least one other person—be that a parent, child, partner, or roommate—and even if you are single, you may have heard that having a baby can really break the…

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How to Plan for the Cost of College with Your Kids

As a financial coach, I encourage parents to talk to their children about college as early as possible. Nowadays, college is one of the most expensive costs, next to a car or a home. Enrolling, paying, and attending college is also a complicated process. Leaving this in the hands of an 18-year-old is unfair. Your…

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