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

  • Avoid any nasty surprises this #holiday season by budgeting for the "extras." http://ow.ly/COVDP

Share Your Tip or Story

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

Share

Saver Tips and Stories View all »

Make it Automatic

Holding ourselves accountable can be tough. Maria knew that if she didn’t “set it and forget it” she would have a hard time making sure her regular savings deposits were happening. In April, she took the America Saves Pledge and created a savings plan to increase her emergency fund.

Read more...

Saving With My Boys

When Kelly was a kid, she loved the picture book A Chair for My Mother by Vera B. Williams. In the story, a little girl lives in an apartment with her mother and grandmother. The little girl’s mother is a waitress and sole provider for their family. Together the family saves money by putting their change in a giant jar every day. They are saving for a big cushy chair for the little girl’s hard-working mother. Together with patience and diligence, they buy the mother a very comfy chair.

Read more...

The Gift of Homeownership

Quaneka Willis, a single mother of three children, was receiving rental assistance through the Housing Authority of the City of Milwaukee when she decided to take control of her finances. So, in September of 2013 she attended the Make Your Money Talk program and pledged as a Wisconsin Saver. In less than 12 months, she had maximized her savings and was beginning the process of purchasing her first home.

Read more...

Receive Updates

Take the Pledge

Start Saving

Receive Texts

Learn More

Partner News & Updates

Sign Up