While many individuals who live on low incomes struggle to make ends meet, they miss out on opportunities to save and invest – opportunities that are critical in overcoming poverty. Without income, people are unable to get by and without assets, people are unable to get ahead.
While many individuals who live on low incomes struggle to make ends meet, they miss out on opportunities to save and invest – opportunities that are critical in overcoming poverty. Without income, people are unable to get by and without assets, people are unable to get ahead.
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Participants started a matched savings program at one of 12 partner agencies in 2022
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Earned in matched savings dollars by Matched Savings participants in 2022
At the end of a Matched Savings program a successful participant will have:
Developed effective money management knowledge and skills
Developed regular savings patterns
Developed other assets such as self-confidence, hope for the future, and social connections
Purchased an asset
Aspire partner agencies run Matched Savings programs as a key asset-building strategy that help Calgarians living on low incomes to gain greater financial independence.
Aspire partners running Matched Savings programs
