Whether or not to take out student loans for college can be a very personal decision that comes with plenty of considerations. On one hand, a recent report from the Bureau of Labor Statistics confirmed that higher education does indeed tend to be the path to a higher salary.
Blog
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Are You Prepared For a Financial Emergency?
We’ve all been there — you’re cruising along from paycheck to paycheck when, suddenly, life happens. Your dog decides to eat something that’s in no way intended to be eaten and rings up a vet bill that costs more than your rent.
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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. -
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.
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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.
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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.
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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: Transforming Lives with Every Swipe —Secure, Smart, and Socially Impactful
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.