We Have Help to Survive the COVID-19 Crisis
SaverLife is here for you. We’re in this together. Our mission at SaverLife is to create prosperity through savings and to help families financially prepare for the unexpected. At a time when stress and anxiety are running high for all of us and the news about COVID-19 changes daily, I wanted to let you know…
Read MoreCOVID-19 Resources and Information
During these tumultuous times, we’ve compiled some resources that may be helpful for you. We will continue to update these as the situation develops, so check back frequently. If there are other resources or services that you would like us to provide, please share that feedback with us. National Resources Our partner Aunt Bertha provides…
Read MoreFinancial Tips for the Coronavirus Crisis
Every 5-10 years, we face a major crisis. Today it’s the Coronavirus, a decade ago it was the housing bubble burst, before that September 11, and before that the dot.com bust. My point is that a crisis will come and go, but the sound financial principles needed to weather the storms of a crisis never…
Read MoreWhat’s the difference between withdrawing from a 401k and taking out a 401k loan?
When life happens and there’s a big bill attached, we often scramble to figure out how to pay it. Ideally, an unexpected expense should be covered by your emergency savings account. If you don’t have enough savings, consider asking for a payment plan or delaying the bill until you get a tax return or bonus.…
Read MoreThree Calming Strategies for Managing Money Anxiety
Mo’ money, mo’ problems? It’s one thing for The Notorious B.I.G. to say, but if you’re experiencing financial stress in your daily life, you’re not likely to agree. When you feel like you can’t make ends meet, it may seem like money is the cause of (and solution to) all your challenges. Here are a…
Read MoreWhat You Need to Know about Unemployment Benefits
If you lose your job, there are resources out there to help you stay afloat financially as you plan your next steps forward. Eligibility and Applications Unemployment benefits and eligibility requirements vary state-to-state, so choose your state to start the process of checking your eligibility and applying for benefits. Generally, unemployment benefits are available to…
Read MoreWhat can I do when there is an ongoing medical emergency?
What happens when an emergency is ongoing? My husband had a stroke, and a) can no longer work; and b) now has high medical bills. We’re drowning financially, and it is going to be an ongoing issue. Submitted by Amy A. First, we are so sorry your family is going through this difficult time. The…
Read MoreHelp is out there! Resources for when the unexpected happens
Few words describe the human experience better than the quote by writer and cartoonist Allen Saunders: “Life is what happens to us while we are making other plans.” We all know this is true, so what can you do when things don’t go according to plan? Sure, an emergency fund can give you a sense…
Read More4 Ways to Protect Yourself from Financial Abuse
Even if you are doing all you can to manage your money, we know there are some circumstances where your bank, job, or landlord may be taking advantage of you. These situations can be financial land mines, so it’s crucial to know your rights and get help if you need it. Let’s take a look…
Read More3 Steps for Recovering from a Financial Setback
What happens when you have a financial setback? You may feel defeated and even hopeless when your efforts to save take a hit. Saving helps prevent financial emergencies Consider this: many of the financial hiccups we face are NOT actual emergencies. For example, we know that if we own a car we are likely to…
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