Matched Savings for Youth
Matched Savings for Youth will teach you how to save and manage your money during 2-hour evening workshops, twice a month, for 9 months. Momentum will match the money you save 4:1, which you can spend on tuition, textbooks, a laptop for school, tools for work, RESP, RDSP, or starting your own business. If you save the maximum $50/month for 9 months, you will have $450 of your own funds and $1,800 of Momentum’s funds. That’s a combined savings of $2,250 towards your future!
This program is for participants between the ages of 16 and 24. If you are older than 24, our Matched Savings for Adults programs may be for you!
Matched Savings Program Success
“I’m grateful that this program exists. I have learned so much and have met many wonderful people, in person and online. As a young adult that did not have much experience with managing money in the beginning, I can say that after finishing this program that I am very confident in managing money now than I did before.”
“This program has been so rewarding to me and my future. It feels really good to have started saving money on my own terms and putting it towards my education- which I greatly value. Thank you Momentum!”
“Prior to being a part of this program, I had little to no knowledge of financial education on how to manage my savings, taxes, credit, etc. However, now that I have completed the program, I feel that I am able to manage my financial well-being to a great extent than before.”
Learn the skills
- Make your money go further
- Save for the things you really want
- Start building credit
Do you qualify?
- You are between 16 & 24 years old
- Your household income is under the Low Income Cut Off (see chart below)
- You are a Canadian Citizen or Permanent Resident
- You live in Calgary and area
Maximum income levels, before tax:
|1 person||$ 2,751.42||$ 33,017.07|
|2 persons||$ 3,425.37||$ 41,104.46|
|3 persons||$ 4,211.08||$ 50,532.99|
|4 persons||$ 5,112.77||$ 61,353.26|
|5 persons||$ 5798.86||$ 69,586.29|
|6 persons||$ 6,540.07||$ 78,480.79|
|7 or more persons||$ 7,281.44||$ 87,377.31|
Want to know more? Fill out the form below and someone from Momentum will contact you.
You can also call 403-204-2650 or email your contact information to email firstname.lastname@example.org.