How to Prepare for a Family Financially
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…
Read MoreKirsten’s Story: Adjusting to Life in Lockdown
Meet Kirsten, who lives with her sons and fiancé in Myrtle Beach, SC. Who’s in your family? I have two boys and a fiancé who’s basically a husband at this point. My youngest, Grayson, is five years old, and my oldest, Peyton, is seven years old. It’s hard managing two boys, but it’s manageable. What’s…
Read MoreOmar’s Story: Establishing Credit is the Foundation of Wealth
Meet Omar, a full-time college student living in San Francisco, CA with his parents and 21-year old son. What do you do? I’m studying behavioral science and addiction counseling at the City College of San Francisco. I want to be a part of the solution of dealing with all the pain that’s in the world—or…
Read MoreKarina’s Story: Needs Vs. Wants
Meet Karina, a PhD student in Chemistry living in Columbus, Ohio with her young son. What did your upbringing teach you about finances? Sometimes we think we need things that we really don’t need. If you just wait, you realize that you really don’t need that thing. As a kid, when I asked my mom…
Read MoreNastassia’s Story: I See Brightness in My Future
Meet Nastassia, a mother of five and an immigrant from Jamaica who has been living in New York since 2009. What do you do? Right now I’m not working. I had an injury when I was pregnant with my last child, so I’m at home. My fiancé just started at a new job at a…
Read MoreMeet Derkisha, SaverLife’s $5,000 Grand Prize Winner
Derkisha is a SaverLife member, a nursing school student, and a mother of five. She was one of over 45,000 people who pledged to save their tax refunds with SaverLife, collectively pledging to save more than $60 million. The SaverLife team traveled to Texas to surprise Derkisha with the news that she was our Grand…
Read MoreForget resolutions – it’s time for a financial New Year’s revolution!
It’s New Year’s resolution season! Even though many resolutions don’t make it until the end of winter, it can still be a helpful exercise for many people. Many years ago, I decided to begin each year with a financial revolution! Check out how Merriam Webster defines revolution: the action by a celestial body of going round…
Read MoreMy kids are 4 and 7. Is it too late to open a 529?
“My son is 7 and my daughter is 4. Is it too late to invest in 529 plan for them? What would be a better alternative to save for their college and financial future?” Submitted by Stella D. It is never too early or too late to start saving for college (or for anything, for…
Read MoreWhat does it mean to “pay yourself first”?
Hi, I’m Saundra Davis, SaverLife’s financial coach. Let’s talk a little bit about the golden rule of saving: pay yourself first. So many people say, “I’m going to wait and save after I’ve paid all my bills and I’ll save what’s left,” but we all know what happens then. Very seldom is there anything left. So the idea of…
Read MoreMaking Your Money Work for You
Hi, I’m Saundra Davis, financial coach here at SaverLife. Today we’re going to talk about how you make your money work for you. What is a budget? If you ask, “Do you have a budget?” many folks will say no, they don’t have a budget. The fact is we all have a budget, whether we know it or…
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