Another Dream Realized

Mary Brown was already a disciplined individual when she came to Wisconsin Saves coordinator Wisconsin Women’s Business Initiative Corporation (WWBIC) in last summer. She had successfully completed her bachelor’s degree with the assistance of her husband and son, and was now ready to tackle her next big dream – homeownership.

Mary had been a resident of public housing in Milwaukee for more than seven years. She first learned of WWBIC’s matched individual development account (IDA) while attending a homeownership workshop and saw her opportunity to further her financial education and significantly increase her savings for a down payment. Mary began planning for her goal of homeownership in 2009 when she became a Wisconsin Saver, and now she had the opportunity to accelerate her savings goal through the IDA.

Mary attended the four-week financial series Make Your Money Talk and learned many skills to ensure she would be a successful first-time homeowner – creating and tracking her household spending plan, the importance of an emergency fund, and how significantly her credit would impact her ability to purchase. Mary said,

“Learning to budget and being mindful of my spending habits helped me save, and more importantly, see the benefits of saving.”

Upon completion of the financial series, Mary was able to open her matched savings account, and in a minimal amount of time, reach her goal of $2,000 which was matched with grants of $2,000 each from Housing Authority of the City of Milwaukee and Assets for Independence.

Since Mary’s family has moved into their first home, she has spoken to a new generation of savers at a semi-annual graduation event for Make Your Money Talk and has begun the search for her next big achievement to conquer!

Take the Pledge

Savers who make a plan are twice as likely to save successfully. 

Take the America Saves Pledge

Tip of the Day

  • Let this be the year that you put an end to bringing in the New Year with financial guilt and stress.  http://ow.ly/rcJIn 

Share Your Tip or Story

And if we feature you in our newsletter, you get $25.

Share

Saver Tips and Stories View all »

Transforming “I Can’t Save” to “I Will Save”

You will not believe what it took to completely change my life. About three years ago, the HR Administrator of the corporation where I worked (as a temp with no benefits) forwarded an email to me. Fifteen seconds. One small act of kindness. That's it - that's all it took!

Read more...

Saving is a Family Affair

Saving is truly a family affair for Jeff’s household. During America Saves Week 2019, he pledged to save for retirement. But making a commitment and creating a plan to save isn’t a new concept for him.

Read more...

Story of an Urban Professional

Elaine was inspired to create a new savings goal and plan with the America Saves Pledge after reading the “The Color of Money” column in The Washington Post by Michelle Singletary.

Read more...

Receive Updates

Take the Pledge

Start Saving

Receive Texts

Learn More

Partner News & Updates

Sign Up