Nonprofit online platform helps people save money

Offering incentives to people who save
Cash money generic dollars
Posted at 9:47 AM, Apr 05, 2021
and last updated 2021-04-05 12:02:04-04

An online platform wants to make it fun to save money. SaverLife® offers incentives for people to save.

A spokesperson says the majority of people who sign up start with less than $100 in their savings account and the goal is to get them to $1,000.

Last week, SaverLife® started a challenge giving anyone able to save $100 the chance to win $100 more.

Saver-life also offers other incentives, and wants people to know how important it is to save money. A recent Federal Reserve Bank survey showed 40% of people admitted they couldn't cover a $400 emergency expense without going into debt.

You can sign up for the platform by clicking here.