Research

February 24, 2021
Just $250 Can Mean Greater Financial Satisfaction

In our latest research, we discovered that having as little in savings as $250 made a huge difference in helping people keep the lights on, stay in their homes, and avoid taking on high-cost debt. We all want to aim for 3-6 months of savings but right now at least saving $250 may still help.…

February 12, 2021
What Grocery Spending Looked Like in 2019 vs. 2020

From toilet paper shortages to long lines outside grocery stores, 2020 was a tough year to budget for food. If your grocery spending was higher than usual, you’re not alone. The 2020 monthly average was 24% higher than the 2019 monthly average – though the year ended in a similar place as 2019. How often…

January 12, 2021
Credit Usage Steadily Increases

2020 ended with the nationwide median credit card balance 56% higher than it was at this time a year ago. Fortunately, additional unemployment benefits will begin this week for some states and may help decrease how much people are using credit. However, many people are still hoping for more financial assistance. Here are a few…

December 16, 2020
SaverLife members tell it like it is…

SaverLife members have been weighing in on how they feel about saving, budgeting, debt, and spending. Here are their responses: How SaverLife members feel about their money overall. If you’re not feeling that great about your money, here are ...

February 03, 2021
Here’s what SaverLife members say should be the Biden administration’s top priority

In early January, Jeff Stein from the Washington Post tweeted that a handful of Democratic Senators had varying ideas of how to improve the financial lives of Americans. Some ideas included: Increasing Unemployment Insurance (UI) to $600 with autom...