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Nonprofit online platform helps people save money

Offering incentives to people who save
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Copyright 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
Elise Amendola/AP
FILE - In this June 15, 2018 file photo, twenty dollar bills are counted in North Andover, Mass. Amid the pandemic-fueled recession, your job description and responsibilities may have changed. Whether you’ve taken on more tasks after employees were laid off or your household income has taken a hit, there are plenty of reasons to negotiate your salary even in tough times. (AP Photo/Elise Amendola, File)
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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.

Copyright 2021 Scripps Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

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