How People are Using the Monthly Child Tax Credit Payments

Families all across the U.S. have been receiving much-needed monthly Child Tax Credit payments since July 15 of this year. From the families we’ve surveyed across the nation, we know that they’re using the money to catch up on bills, afford school supplies for their children, put more food on the table, save for the future, and so much more.

Now’s your chance to tell us what the monthly Child Tax Credit payments mean to you and your family. Click here to record a short, 30-second video and tell us your story.

Here’s what our members have been saying:

Take Charge of Your Savings
Earn rewards for creating a brighter future
Sign up to save more

Recommended Articles

Ask an Expert episode 4: Let’s chat about the Child Tax Credit

We know the advanced Child Tax Credit is important for families nationwide. Watch our YouTube Live and hear from SaverLife Policy Director, Radha Seshagiri, as well as SaverLife financial coach and CFP, Tania Brown, as they talk about these payments and how this money is making a difference. You’ll also hear from three SaverLife members… Read more

6 Myths About Receiving the Child Tax Credit

Stop! Don’t know where to start when it comes to claiming the Child Tax Credit? Take our short quiz to find out. Myth #1: “My kid is 17 years old, so I won’t get the advanced Child Tax Credit.” Yes, you can! This was a significant change that was included in the American Rescue Plan.… Read more

You will NOT lose public benefits because of the Child Tax Credit

ICYMI (In Case You Missed It) Stop! Don’t know where to start when it comes to claiming the Child Tax Credit? Take our short quiz to find out. Contrary to popular belief, the Child Tax Credit will NOT affect: SNAP Benefits Medicaid TANF Cash Assistance SSI or other public benefits If you don’t have any… Read more