Child Tax Credit Update: How Have SaverLife Members Spent Their Child Tax Credit Payments?

August 9, 2021

Of those who have received a Child Tax Credit payment, the majority say they mostly spent the money on current necessities. Sixty percent of SaverLife members said they are primarily using the Child Tax Credit for household necessities, and another 19% said they’re saving for household needs that might come up in the short term.

 
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Child Tax Credit Update: Most SaverLife Parents Have Received Their Payments