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Financial·2 min·+15 XP

Enroll in savings program

It can reduce financial stress and improve your mood.

What You'll Do

Enroll in an automatic savings program today.

Scientific Basis

Low-income households using automatic savings programs reduced financial hardship by 21%, boosting mood by reducing stress.

Karlan, D., Ratan, A. L., & Zinman, J. (2014). Savings by and for the poor: A research review and agenda. Review of Income and Wealth, 60(1), 36-78.

The Science of Impact

1

Reducing financial hardship by 21% can lead to significant improvements in mental health.

2

Enhanced emotional stability can result in better decision-making and productivity.

3

Lower financial stress is associated with improved overall quality of life metrics.

Pro Tips

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Enroll in an automatic savings program to save a fixed percentage of your income each month.

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Set a savings goal of at least 10% of your monthly earnings to maximize benefits.

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Review your savings progress quarterly to stay motivated and adjust goals as needed.