~Your SafetyNetFund is the first step to Save and Prosper~
What is it?
The safetynetfund is an account that you or your family will open specifically for emergency savings. SaveAndProsper will have a few account options and will provide participants assistance to set up these accounts.
The reason for having a SafetyNetFund is to help you have a separate account for rainy days and watch your savings grow!
A well-conceived emergency fund can safeguard against the need for high interest loans from payday lenders and credit cards. Millions of Americans live paycheck to paycheck, a strategy that puts them forever in peril and under stress. The fund is like a life float on a ship, waiting and ready if catastrophe happens.
The fund is like a life float on a ship, waiting and ready if catastrophe happens.
It will also be used to determine how you’ve been saving. We will require the you make continually, incremental deposits, no matter how small. This is to encourage you and will build confidence that you can do this!
The fund will also determine if you qualify for matched saving incentives.
We will offer ways for you to earn additional money by offering incentives to save. Some examples to
receive the incentives:
Attend a financial coaching
program. Either online or in
person
Attend a financial coaching
program. Either online or in
person
Attend a financial coaching
program. Either online or in
person
Attend a financial coaching
program. Either online or in
person
Attend a financial coaching
program. Either online or in
person
**Scholarship is for families enrolled and succeeded in reaching the savings goal and received the matching incentive
through the Safety Net Fund program.
Send a smart phone video testimonial of your money management and savings habits. If we use your video in our
program, you earn $100. When we have the first 25 entries, we will select one winner for the $5,000 College Fund Award
~You can earn extra money through various incentives that we’ll have throughout the year. Don’t forget to click on the icon to check for updates! Once an incentive has met its end date, it will no longer be available. If the special incentive is still displayed on the page, it’s still available for participation! ~