Savings Circles
$ 0.00
towards your purchase.
| Your Monthly Deposit: | $ 0.00 | |
| x | Duration (months): | 6 |
| = | Your Contribution: | $ 0.00 |
| + | Matched Savings: | $ 0.00 |
| = | Total: | $ 0.00 |
Savings Circles is a free program where you can earn as you learn!
How do I “earn while I learn?”
Momentum will match the money you save. For every $1 you save in your bank account, you will earn $3 through Savings Circles. Save $5 to $50 a month and earn up to $900 in matched savings in 6 months, for a total of $1,200!
Use the Matched-Savings Calculator to see what your savings could be!
To help you find the money to save, you will attend 2-hour money management workshops, two evenings a month for 6 months.
Use the Budget Calculator to see where you might be able to find the money to save!
Childcare is available.
Learn the skills
- Increase your money management skills
- Create a budget and build your savings
- Pay down your debt
- Rebuild your credit
Use your savings to purchase:
- Furniture, appliances or household goods
- Education materials
- Tools for work
- Health, vision or dental care
- Other assets that may improve the quality of your life as approved by the Savings Circles facilitator
Money cannot be used to buy entertainment items such as TVs or stereos, or to pay off existing debt.
How much does it cost?
This program is free.
Do I qualify?
This program is for people 18 years or older whose total annual household income before deductions is at or below the following guidelines:
| # of People in Your Household | Maximum Household Income |
|---|---|
| 1 person | $16,978 |
| 2 people | $21,137 |
| 3 people | $25,982 |
| 4 people | $31,549 |
| 5 people | $35,783 |
| 6 people | $40,353 |
| 7 or more | $44,930 |
How do I Apply?
To apply for this program, contact us about Savings Circles today. This program fills up fast so act now!
Fill out the information form, call 403.204.2694, or email savingscircles@momentum.org for more information.
Financial Partners
