Congratulations to the Winners of the #WhatImSavingFor Contest!
Starting on October 15, 2018, we asked you to share what motivates you to save, with a picture and the hashtag #WhatImSavingFor. Over two months, more than 650 of you submitted your stories. Every time you voted on other entries, you earned a sweepstakes entry; five sweepstakes participants were randomly selected to win $100. And three…
Read MoreWhat is a financial health score?
Congrats on taking this step in your SaverLife journey! Your score is on a scale of 1 to 100. Here is how to read it: 0-39: You might feel like one financial emergency, like a blown tire or unexpected medical bill, would set you back for months. It’s hard to devote time and resources to…
Read MoreSaving for College
Graduation celebrations are all around us. I think this is a wonderful time to think about what college savings means in your life and for your family. Find your “why” As exciting as college can be, the financial burden is often high. So take some time now to think about your motivations. Are you…
Read MoreHow do you use your tax refund?
Every month, part of your paycheck is sent straight to the government to pay your taxes. But at the end of the year, most people owe less than they’ve already paid – so they get money back from the government. These tax refunds are a huge influx of money for many American families. If you’re…
Read MoreMeet Your Fellow Savers
At the beginning of your journey with SaverLife, we asked you about your goals. Here’s what you and your fellow savers said! EARN Savers have big goals! YES, we do! (I’m saving too!) I’m not at all surprised that housing is at the top of our “goals” list. That makes perfect sense! Buying a home…
Read MoreShould I save for my child in a custodial account or a 529 account?
Should I save for my child in a custodial account so he can use that money for whatever he chooses or should I save in a 529 account? Submitted by anonymous. Think about the goal YOU have for your child. What is the point of the savings? A 529 is a good choice for children’s…
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