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The Offer
- SaverLife is a non profit that is offering you $10 for every month you save $20, up to a maximum of $60.
The Fine Print
- You must be at least 18 years of age
Our Verdict
For those asking about the legitimacy of this offer, it’s provided by non profit EARN. It’s also been mentioned on mainstream sites such as USA Today. They seemingly fund it from corporate sponsors (Capital One, J.P. Morgan Chase and others). One of the most difficult things about saving money is creating good habits, this type of reward is the perfect way to get people into these good habits. Once you’ve started saving money, please make sure it’s in a high interest account as compound interest is a beautiful thing.
Part of the reason I like writing this blog is helping people save that wouldn’t otherwise be able to do so. If you currently can’t afford to put aside $20 a month, then look into things such as credit card bonuses and bank account bonuses to bring in some additional income. Having an emergency fund you can tap into when you have an emergency can save you many times over (avoiding having to pay high interest rates on credit cards, not to mention less stress). The nice thing about this particular bonus is that you can do it without opening a new account in most cases.
Hat tip to reader XenaWP
