SaverLife, a national nonprofit fintech that helps working families achieve prosperity through savings, is prepared to put an extra $200,000 in the pockets of hard-working Americans through its first annual Holiday Savings Boost.
The COVID-19 pandemic has put unprecedented financial strain on families across America. Seventy-seven percent of SaverLife’s more than 450,000 members agree it has been more difficult to feed their families than before the pandemic. Almost half of SaverLife members struggle with decreased income and increased costs associated with virtual schooling for their children. To support families during this time, SaverLife has given away $2.6 million through its Emergency Response Fund. With the Holiday Savings Boost, SaverLife aims to do more.
“The holiday season can be a financial strain for any family, even without the added stressors caused by the COVID-19 pandemic. We want to help ease that stress, while preparing families for a brighter holiday season and a more financially sound new year,” said Leigh Phillips, CEO of SaverLife. “We want to help this holiday season by encouraging people to start a savings habit that will help them through whatever life may throw their way.”
SaverLife’s Holiday Savings Boost consists of three major giveaways: Savings Boost, Super Saver of the Year, and a Top-Secret Mystery Contest (to be revealed soon).
SaverLife believes people should be rewarded for working hard and saving for their families and their futures. Members have until December 10 to save as much as possible for a chance to win one of 1,000 cash prizes, totaling $175,000. The sooner members sign up, the more time they will have to save.
- Save at least $100 to be eligible to win one of five hundred $100 prizes.
- Save at least $250 to be eligible to win one of five hundred $250 prizes.
Super Saver of the Year
SaverLife wants to reward members for all the hard work they have put into saving this year. SaverLife will announce the first annual Super Saver of the Year with a prize of $10,000, as well as four runners-up with $1,000 each on December 2.
“The first step toward winning is to sign up at SaverLife.org,” Phillips added. “Complete the registration process, start saving, and you’ll be on your way to some extra money for your family. And stay tuned for the revealing of our Top-Secret Mystery Contest. It will be worth the wait!”
For more on the Holiday Savings Boost and to sign up to start saving, visit https://www.saverlife.org/community/you-could-win-big-with-saverlifes-200000-holiday-savings-boost.
For more on SaverLife, please visit: about.saverlife.org
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SaverLife (formerly EARN) is a 501(c)3 nonprofit on a mission—to inspire, inform, and reward the millions of Americans who need help saving money. Through engaging technologies and strategic partnerships, we give working people the methods and motivation to take control of their financial future. SaverLife has a number of esteemed investor partners including Intuit Financial Freedom Foundation, MetLife Foundation, Prudential, JPMorgan Chase & Co., MasterCard and Capital One. For more information or to join the SaverLife Movement, please visit www.saverlife.org.