Introducing Ben H., an attorney from Michigan, who signed up for SaveUp through his credit union, Michigan State University Federal Credit Union. Ben was the winner of our $500 Holiday Charity Drawing, and thanks to him, the Wounded Warrior Project received a $2,500 donation from SaveUp!
A little background on Ben
Ben grew up in Michigan and currently lives in Rochester with his wife and two kids, where he is a practicing attorney. After his second child was born in late 2012, the costs of childcare put a strain on his family’s finances. “What brought me to SaveUp was that our budget took a bit of a hit when [our daughter] started at daycare, says Ben. “Our daycare bill is more than our mortgage payment.”
Thanks to everyone who helped us share some holiday cheer this season by entering their favorite charities into our holiday drawing! The winner of our $2,500 holiday charity drawing is…
The Wounded Warrior Project aims to raise awareness and support for injured service members through a variety of programs and services. We’re sending an extra thank you to all the Warriors who have served in the past and continue to serve today! Your service and sacrifice are not forgotten.
To help you get a better snapshot of your finances, we’ve made some changes to the way you see your account activity and balances.
The Main Account page:
Accounts are now organized into three buckets: Spending, Debt, and Savings. Spending includes checking accounts and credit cards. Student loans, car loans and other loans are located in the Debt section, and the Savings column includes any savings account, CD, 401(k) and IRA.
Happy hump day! Need a little extra encouragement this week? A few of our recent winners share about their financial goals and how SaveUp is helping them stay focused:
“SaveUp is my daily reminder to be cognizant of both my spend and saving habits – thanks so much, SaveUp!” – Scot W. won a debt payment.
“SaveUp is great in helping me keep track over all of my accounts. Plus the chances to win add a fun twist!” – Joe won a Debt Payment.
“Woot! Playing daily and keeping track of your finances is the best way to play. I have seen both an increase in my savings accounts and credit score from using SaveUp. The more you save, the more you can play to win!” – Chris R. won a Savings Deposit.
New SaveUp data identifies profile of those most likely to save.
San Francisco, CA, October 2, 2013 — SaveUp (www.saveup.com), a national online financial rewards program for saving and paying down debt, today announced the findings of its September U.S. Consumer Savings and Debt Report that identifies the likely profile of a financial saver. Findings show that those living in the Midwest with a PhD are more likely to generate short-term relative asset growth.
How often do you look at your finances? Unfortunately, most Americans only take a good look at their finances a couple times a year. Here are a few SaveUp members who are tracking their financial progress and having fun:
“SaveUp is fantastic! This is a great program that helps me keep track of all of my accounts at once.” – Danielle L. won a savings deposit.
“This site is great. It’s full of great tips, and I love the savings challenges. My goal is to be debt free as soon as possible. The money I have won is extra money I can use to pay off my debt sooner.” – Elizabeth F. won the utility bill payment.
Do you have any secrets to staying motivated as you work towards your financial goals? Here are a few recent SaveUp winners who are staying on track and getting that extra bit of motivation with SaveUp:
“SaveUp is a fun way to track your finances and watch your savings grow. The occasional reward is a nice extra!” – Lisa V. won cash towards her home down payment.
“SaveUp helps me keep my goals in front of me. I am better organized and can keep my eyes on the prize!” – Becky won cash towards her bills.
Happy Wednesday! Here’s a little mid-week inspiration from a few recent SaveUp winners to keep you going on your financial journey:
“SaveUp helps me keep finances a priority in my life. The more I visit the site, the more I think about ways in which I can reach my financial goals. Positive thinking brings positive results!” – Andrea P. won a donation to the charity of her choice.
“This is a great site! I visit everyday and I am very excited about the money we have saved up and will continue to save! Really fun! Even better when you win!” – Kristina L. won a savings deposit.