Wellbeing News

Saver Plus is a free financial education and matched savings program offered to lower-income families to help them budget and save for education costs. In the 10-month program, participants gain financial knowledge, learn healthy savings habits by saving $50 a month, and have their savings matched up to $500 to be used towards school costs such as uniforms, books, laptops, and sports fees.

At Saver Plus, we pair participants with a savings coach while they budget and save over the next 10 months. Participants attend online Zoom workshops to learn tips, tricks, and information to grow their budgeting and savings skills. Once they reach their agreed savings goal, their savings are matched dollar-for-dollar, up to $500. Participants can use that money towards education costs such as uniforms, textbooks, laptops, or extra-curricular activities such as sport or music.

ELIGIBILITY CRITERIA: You could be eligible to join Saver Plus if you:

• Are 18 years or over
• Are a parent or guardian of a student attending school, or be attending or returning to vocational training yourself
• Have a current Health Care card or Pensioner Concession card
• Have some form of income, for example, yourself or your partner may have casual, part-time, full-time, seasonal, or cash-in-hand employment
• Are in receipt of an eligible Commonwealth social security benefit, allowance, or payment

 *Many types of income and Centrelink payments are eligible.