Financial Health Dashboard
Through this dashboard we’ll periodically release resources that help paint a picture of our members’ financial health, the challenges they face, and recommendations to improve their financial health outcomes.
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Child Tax Credit Update: How Have SaverLife Members Spent Their Child Tax Credit Payments?
Of those who have received a Child Tax Credit payment, the majority say they plan to spend the money on immediate household necessities.
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SaverLife Members Are Paying Off Credit Card Debt in 2021
Credit card payments are way up in 2021. Media payments per month in 2021 are 34% higher on average than they were in 2020.
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Credit Card Balances Are Starting to Come Down
SaverLife member credit card balances came down after a few consecutive months of larger than normal payments.
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



The Credit Crisis Continues
Credit card balances remain elevated from where they were in 2019—balances are 51% higher in October 2020 than they were in 2019.