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, 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!

Duration
9 months
Cost
Free
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
Apply

Maximum income levels, before tax:

Household SizeMonthlyYearly
1 person$ 2,592.10
$ 31,105.20
2 persons$ 3,227.00$ 38,724.00
3 persons$ 3,967.20 $ 47,606.40
4 persons$ 4,816.70 $ 57,800.40
5 persons$ 5,463.00 $ 65,556.00
6 persons$ 6,161.30 $ 73,935.60
7 or more persons$ 6,859.80$ 82,317.60

Matched Savings for Youth starts in January & September. To apply for this program, contact us about Matched Savings for Youth today. This program fills up fast so act now!

Want to know more? Fill out the form below and someone from Momentum will contact you.

  • Please ensure that your email address is correct as this is how we will be contacting you

You can also call 403 204 2688 or email your contact information to email youth@momentum.org.

Financial Partners