Research shows that having just $500 in savings keeps people from falling into debt and promotes long-term financial stability. That’s why EARN and the Office of Financial Empowerment (OFE) are partnering to offer EARN Starter: a free, online savings tool that rewards you for saving every month.
It works like this: go to https://www.earn.org/stlouisofe, link your savings account to EARN’s platform and start saving. Pick a savings goal and amount. You can save for anything you want!
And there are rewards for saving! Make a minimum deposit of $20 a month for six months and EARN will reward you up to $60 for saving.
EARN works because it focuses on saving small amounts and quick wins and makes savings a habit, allowing you to save for what matters most: your future.