Program

Matched Savings for Adults

Program starts: Tue Nov 17, 2026

Save Money. Manage Your Finances. Reach Your Goals!

We know that managing and saving money can be hard, especially while living on a lower income. Momentum has been supporting Calgarians to manage their money and build ongoing saving habits for more than 20 years. We can support you to start saving your money and working towards your financial goals.

The Adult Matched Savings program teaches financial literacy skills and saving habits, and for every dollar you save in the program, over a span of six months, Momentum matches it at a ratio of 4:1!

Here’s how it breaks down:

Let’s say you save $75 per month, over six months. That’s $75 x 6 = $450.
We match each dollar saved at a rate of 4:1, so that’s $75 x 4, an additional $300 per month. Over six months, that adds up to $1,800.
With your $75 monthly savings and the $300 monthly match, you could reach $2,250 in just six months!

While you’re saving, you’re also learning about money – topics like budgeting, credit, banking, debt management, investments and more are taught by expert facilitators and help you build financial literacy and develop a solid financial plan.

Upon completion of the program, you will get to decide how to best invest your savings and matched dollars – approved asset areas include education for yourself or your child, tools for work, business start-up costs, home ownership and more.

To learn more and to register, sign up for one of our info sessions at the link below!

How does it work?

Save money and build a habit

Build the habit of saving by depositing up to $75 each month in your own bank account.
We support you to achieve your savings goals and keep you accountable.

Learn in class and manage your money

Come to interactive and non-judgmental financial literacy workshops with people in similar situations to your own.
Together, learn about budgeting, credit, debt management, assets, and other important topics.

Earn matched savings and put it towards your future

For every dollar you save, Momentum matches it times four!
Use your combined savings to improve your future through assets like education, tools for work, RESPs, RDSPs, housing and more.

If you are 24 or under, you may be eligible for our Youth Matched Savings program! Learn more.

Matched Savings Program Success

"I feel like I have a better understanding of my finances. I’m not stressed out and I feel safe now."
Jacklyn
Financial Empowerment Program Alum
"I'm looking forward to the future, and I'm seeing what's ahead of me. And for the first time, I'm not scared of it."
Rain
Financial Empowerment Program Alum

Income Criteria

To qualify for this program, your household must be living on a low income, below the following cut-off chart (before tax).

Household Size

Monthly

Yearly

1 person

Monthly:

$3,126.40

Yearly:

$37,516.80

2 people

Monthly:

$3,892.20

Yearly:

$46,706.40

3 people

Monthly:

$4,785.10

Yearly:

$57,421.20

4 people

Monthly:

$5,809.60

Yearly:

$69,715.20

5 people

Monthly:

$6,589.20

Yearly:

$79,070.40

6 people

Monthly:

$7,431.50

Yearly:

$89,178.00

7 or more people

Monthly:

$8,273.90

Yearly:

$99,286.80

Frequently asked questions

When does the Matched Savings program start and how long are they?

What can I spend the matched money on?

Am I guaranteed a spot in the program if I apply?

What do I have to do to participate?

I don't have a job right now. Can I still apply?

I receive government benefits. Can I still apply?

My money is limited right now (eg: no money to save or have some debts). Can I still participate in the program?

Is this a scam? Where does the matched savings come from?

Can I take the program more than once? Can my partner/spouse take the program too?

What you will get from this course

Take-home resources
You will be provided with planning tools, worksheets, and other resources to support you on your journey.

Is this program right for you?

Do you qualify?

You are over 18 years of age
You are a permanent resident or citizen of Canada
You live in Calgary and area (or if you are Indigenous, Inuit or Metis living in surrounding Treaty 7 territory)
You are not full-time student (some exceptions apply for: English language courses, upgrading, employment training programs, etc.)
Your household is living on a low income, and it is below the income cut off in the chart above (before tax)
You have a net worth no greater than 50% of the Income Criteria stated above (some exceptions apply)
You carry debts amounting to no more than 50% of your total gross annual income (some exceptions apply)
If you have questions about these qualifications, scroll down to contact our Welcome Team

To learn more and register, sign up for an info session

Financial Partners

Community Partners

Contact our Welcome Team

Our knowledgeable Welcome Team is happy to support you. Please contact us by clicking below or by calling 403-272-9323. Inquiries and messages will receive a response within 3 business days.