Adriana
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I am grateful to all the people who contributed towards my goal - Adriana
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| Program: | EARN |
| Region: | San Francisco |
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About Adriana (How Savers Are Selected)
Adriana's 13-year-old son, Octavio, had a computer that constantly froze. Sometimes they had to rush to a cafe so he could finish his homework. After going with his mother to EARN's orientation about the matched savings program, Octavio went to work with her to save some of his own money and augment her savings so they could reach the goal and afford a new computer. Adriana said: "I could see the financial education class really helped us plan together -- we wanted to deposit $85 monthly, but we realized we could only deposit $50. My son deposited half and I deposited the other half." Recently Adriana used some of their EARN savings and match to buy a computer for Octavio, who still looks at the computer and marvels at their achievement. The EARN program has turned both Adriana and Octavio into lifetime savers, and their goal is to use the rest of their savings to start a college fund for Octavio.
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Adriana Thanks You...
"I am grateful to all the people who contributed towards my goal, and I hope people keep supporting low- income families like mine to get a better future for their children. Low-income families struggle to support their children’s education.”
After their success in the matching savings program, Adriana is impressed on how much her son’s savings habits have changed. Before joining the EARN program he spent all of his allowance on superfluous things. But since they started saving towards his computer,” he started to see how saving little by little allowed him to buy big things”. Now he saves as much as he can and invests his money on valuable items like computer programs.
The EARN program has made a huge impact in the whole family, her son’s savings habits are now replicated by his little brother who bought a piggy bank where he keeps his savings. He keeps begging Adriana to take him to EARN so he can start benefiting from the matching savings program.
Updates
People who have Contributed to this Saver
My family emigrated to the United States from Nepal when I was eleven years old. To start a new life in this country and to provide for us, my parents had to juggle multiple low-wage jobs. Because of my parents...
As the CEO and Co-Founder of SaveTogether, I hope SaveTogether can inspire us all to save and invest in our collective future. I was inspired to support the concept of saving as a way to help defeat poverty while working as...
Ensuring low and middle income families have access to saving and other asset building opportunities is the most straightforward and cost-effective way to break the intergenerational cycle of poverty.
Paying it forward :-)
