Saver Plus, an initiative of ANZ and the Brotherhood of St Laurence, helps lower income Australian families save towards their children’s education.
Gilliam Williams, a sole parent from Rowville in Victoria, always dreaded facing back-to-school costs for her two sons. That worry has lessened since she took part in Saver Plus. "I had recently become a sole parent and visited Centrelink for the first time in my life," Gilliam said. "I saw the Saver Plus brochure and thought it was a no-brainer."
"I managed to save $50 a month. At first it was hard to save. Where could I find that extra money? But the program taught me a lot, especially about budgeting," Gilliam said. "I did it, and I've continued to save. Being in control of my finances has completely boosted my confidence and I feel like I can do anything now."
Australia’s leading financial education and matched savings program, Saver Plus has helped around 20,000 participants develop a savings habit. Participants set a savings goal, save regularly and attend financial education workshops. ANZ matches savings dollar-for-dollar up to $500.