Spave, the trailblazing consumer financial app, proudly unveils the new redesign of Spave – a transformative leap in personal finance. The relaunched app offers a cutting-edge ability for consumers to transform the mundane act of spending into a purposeful and rewarding experience. This innovative upgrade seamlessly integrates philanthropy and savings with everyday purchases, revolutionizing the landscape of financial empowerment and social impact.
Category: Uncategorized
-
6 Smart Holiday Spending Tips For Savvy Budgeting
Holiday spending has been steadily increasing in recent years. In fact, the National Retail Federation shows that consumers spent around $929.5 billion during the 2022 holiday season. That number is expected to increase between 3 and 4 percent this year. From gift buying to holiday festivities and travel, this can easily be an expensive time of year. -
Spave Nonprofit Network Profile: Meet Isaiah 117 House
The Spave nonprofit network is made up of more than 1.5 million accredited charities. That’s over 1.5 million missions, visions, and ambitions for making the world better for all. To help put that number into perspective, here’s a look at one of our nonprofit partners, Isaiah 117 House.
What They Do
Isaiah 117 House provides physical and emotional support in safe and loving homes for children awaiting foster care placement. With homes across 10 states, Isaiah 117 House offers warmth and love in a difficult time of transition for children in need of safety and stability. Volunteers at Isaiah 117 Houses provide clean clothes, fun toys, snuggly blankets and kind smiles while welfare workers do essential paperwork and find fitting placement.
Why They Do It
When founder Ronda Paulson and her husband Corey began training to become foster parents, they learned that foster children awaiting placement must wait in the sterile and cold office of the Department of Children’s Services. A year following training, they arrived at that office to meet their foster son, who needed a warm bath and new clothes. It was then that Ronda realized that new foster children needed more than what the system was capable of offering—and that’s where Isaiah 117 comes in.
How They’re Growing
The first Isaiah 117 House came to being in 2017. In six fast years, they’ve expanded across 10 states and work to open in more communities. With your Spavings, they’re able to bring necessities like toiletries and clothing and comforts like toys and events to more children experiencing life-changing moves.
-
Unleashing Generosity: Minnesota’s Give to the Max Day and Spave’s Impact
As we approach the season of giving, there’s a special day on Minnesota’s calendar that resonates with the spirit of generosity – Give to the Max Day. This day, observed annually on the third Thursday in November, is a statewide movement that unites thousands of organizations and individuals to support causes close to their hearts. At Spave, we’re proud to be a part of this philanthropic celebration, and we invite you to join us in making a meaningful impact on the causes that matter.
-
Spave’s releases
Spave 1.0: The first Beta version of the app was released in the Apple store September 17, 2017.
-
What to Expect From Spave’s Latest Update
Spave isn’t new—our Founder and CEO Susan Langer has been developing and perfecting Spave since 2016. We’ll soon be launching a newer and more refined Spave. Learn what makes Spave the ideal all-in-one tool for saving and giving while you spend.
Simplicity from the Start
The Spave app feels new from the second you tap our icon. When the app opens, a dynamic and refreshed onboarding experience makes enrolling in Spave easy and connecting a bank account secure.
Different Ways to Contribute
After you’ve connected a spending account, Spave makes it simple to set your giving and saving contribution methods. Just determine your approach to microtransactions—either a set percentage, rounding up, or a fixed amount. You’ll always be able to choose what works best for your existing spending habits.
A Clear View of Your Impact
Get useful and actionable clarity on how your spending-based contributions grow your savings and make an impact for your favorite nonprofits in our clean and concise “Insights” section.
New Premium Capabilities
Our new premium subscription helps you unlock more ways to build better habits. New features enable you to connect up to four bank accounts, set savings goals, and gain even more insights on your spaving habits.
We believe that ease is powerful. That’s why the new Spave experience will make spending, giving, and saving fit in your everyday routines—so you can make a strong impact that lasts. Stay tuned to our social channels to be among the first to download the new Spave app when it’s live on the Apple App Store and Google Play store.
-
Financial Hack Round Up & Resources
At Spave, we understand the importance of maximizing your financial potential and making your money work smarter, not harder. In today’s fast-paced world, staying ahead financially requires more than just traditional methods – it demands innovation, resourcefulness, and a keen eye for opportunities.
-
How to Make Giving a Regular Habit—At Any Budget
There’s a lot of power in our spending, and that includes our charitable donations. In fact, a
whopping 84% of millennials give to charity, so every little bit counts! But what’s the best way to
make big impact with your small donations? The key is to make giving a regular habit. Here are a few
ways to get in the habit of giving back—with or without the Spave app. -
Your First Month with Spave
Meet Monica! She’s a fictional Spave user who’ll take you through what one month of Spave usage can look like, from quick one-time donations to saving for a big life event.
Monica is a web developer with a baby on the way. She’s working on her New Year’s goals to give back to the animal shelter where she got her dog, Luna, and to save up for all the nursery digs she’s been eyeing on her Pinterest board.
She downloaded the Spave app and added in her giving and saving goals. Since she’s so busy—between planning her maternity leave at work and, you know, preparing to bring life into the world—volunteering at the animal shelter isn’t feasible, so Spave offers her a great opportunity to turn her spending habits into sustainable contributions. By setting an additional savings goal, she’s also able to regularly set funds aside for helpful nursery upgrades.
With her new nursery in mind, Monica orders a changing table for $75. 5%($3.75) of that purchase goes to Luna’s shelter, while 10%($7.50) goes into Monica’s nursery savings.
At church, she talks to a neighbor who’s fundraising to buy new computers for a Boys & Girls Club initiative. Between bites of baked goods, Monica opens her Spave app, and navigates to the spaveNOW tab where she effortlessly sends a one-time donation of $25 to her town’s chapter of Boys & Girls Club.
The following Sunday, Monica learns that her church is one of the 1.5 million accredited nonprofits in the Spave network, so she can use the Spave app’s weekly fixed amount donation method to streamline her contributions, sending her church $50 weekly. Now all her charitable contributions are in one app—and that means she gets just one donation receipt come tax season.
When the changing table arrives, Monica realizes that her treadmill and exercise bike don’t really fit in her vision for the nursery. She takes a moment to say goodbye to her fitness room, then lists them both on Facebook Marketplace. After selling off her fitness equipment, Monica sends a $200 spaveNOW into her savings. Those sales cover the cost of a new crib!
Since the month is winding down, Monica taps into her Spave app’s Insights page to see clearly how much she’s already given and saved through her spending. She’s proudly on-track for her shelter’s giving goal and making a huge impact on her nursery budget. Spave helps her feel accomplished about January and confident about the future she’s building for herself, her family and her community.