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What is a Health Savings Account and Should I Open One?
If you have a High Deductible Health Plan for your health insurance, then you are eligible for a Health Savings Account (HSA). You can use HSA funds to pay for qualified medical expenses. These expenses can be incurred by you, your spouse, or any dependents listed on your tax return. There is no need to…
How to Make a Budget for Your Family During COVID-19
“How can you budget your money when you have the same amount coming in as you did before, but now you have everyone at home using more electricity, gas, and water and eating more food?” Submitted by Kelly B. A budget is nothing more than deciding how you will spend money before you get it.…
You may be eligible for a stimulus check
[Updated as of July 2020] If you typically don’t file taxes, you have until October 15th, 2020 to fill out the IRS Non-Filer form in order to be sent your stimulus check. About 12 million Americans are still eligible to receive this $1,200 economic impact payment. For the past month, we’ve been asking SaverLife members…
I want to buy a house, but my credit isn’t good. What can I do?
I want to buy a house, but I have bad credit. Should I file bankruptcy? What should I do? Submitted by Marcella S. Buying a home is many people’s idea of achieving the American Dream. But the road to homeownership can be stressful, confusing,...
COVID-19 July 27, 2020
Am I eligible for SNAP benefits if I’m unemployed due to COVID-19?The additional $600 in unemployment benefits is ending this week. Meanwhile, talks about possibly extending the program are still up in the air. If you were ineligible to receive SNAP benefits (also known as food stamps) because of the extra $600/w...
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SaverLife's Editorial Policy
SaverLife is a national nonprofit whose mission is to help working families achieve prosperity through savings. Our free savings programs and educational content are made possible by generous grants from foundations, corporations, and individual donors who are committed to improving the financial well-being of Americans.
The goal of our financial education content is to support SaverLife members to better manage their financial lives and to begin and maintain a savings habit. We take pride in providing you with high-quality, accurate, and unbiased financial information and recommendations based on the advice of our certified financial coaches and other trusted experts.
In keeping with our mission, we do not accept payment for endorsing or recommending products or services. Some of our content may be sponsored by one of our trusted partners, and if so it will be clearly identified.
All information is provided for educational purposes only and is not intended to be financial advice.