2018: Thank you for a wonderful year!

December 21, 2018

Happy holidays from all of us at SaverLife! 2018 has been a big year for us. We’ve been busy creating new ways to reward you for saving and learning more about what actually helps people save. Here are just a few highlights from 2018:

You won prizes for saving every week

In 2018, we launched Scratch & Save – every week that you saved at least $5, we sent you a scratch card worth between $5 and $100.

In 2019, we’ll be rolling out even more ways to win as you save!

26,000+ scratch cards were scratched this year

3,000+ winners

$375,000+ given out in cash rewards and prizes

You pledged and saved your tax refunds

In January, we created Savers Win and gave away over $10,000 in cash prizes to people who saved their tax refunds. We’ve already started giving away prizes for the 2018 tax season – you can take the pledge (and maybe win!) now.

9,000+ people pledged to save their 2017 tax refunds

The top three reasons for saving were:

An emergency fund
Housing expenses
Debt repayment

You helped us learn what works and what doesn’t

SaverLife is run by a nonprofit, and our goal is to help people build a savings habit. Over this year, we talked to dozens of you and heard from thousands more about what you like about SaverLife and what needs some work. Your feedback has helped us continue to improve SaverLife.

3,305 of you participated in EARN research surveys

Thank you for being a part of the SaverLife community!

As we say goodbye to 2018, we are so grateful to all of you. SaverLife wouldn’t be possible without our amazing members who believe in the program, share their stories, and help us improve. So many of you across the country are working toward a better future, and we’re excited to be along for the journey with you.

Take Charge of Your Savings

Earn rewards for creating a brighter future

How do you balance debt and savings? Here’s what our research found.

: November 02, 2018

If you’re paying down debt, saving money may be a low priority for you. After all, you’re probably paying interest on your debt every month, so paying off your debt more quickly means keeping more money in your pocket long-term. It’s harder to save when you have debt Our research found that Savers with a… Read more

What does saving mean to you?

: September 14, 2018

At SaverLife, we talk a lot about how important it is to save. But defining what it means to save is surprisingly difficult! Consider this scenario: You transfer $5 from your checking to savings account every week all year. At the end of the year, your car needs some repairs. You withdraw all the money… Read more

What does it mean to “pay yourself first”?

: August 15, 2018

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 more