Welcome, Boston Saves families! We are so glad you have started planning now for your child’s future college or career training.
Here are a few ways you can start planning and saving for your child’s future with Boston Saves:
1) Open a financial account for your child’s future.
Your child will have a Boston Saves account for their Boston Saves Dollars, but to save your own money for your child, you will need to open a financial account for their future. This can be a saving, checking, or 529 account. Boston Saves and Metro Credit Union also offer a custodial account that does not need a social security number or identification card. Whichever kind of account you open, be sure to set up online banking so that you can log in to your account on the internet. Learn more about opening an account.
2) Log in to the Savings Center.
When you log in to the Savings Center, you can see the money in your child’s Boston Saves account. You can also link a financial account of your own. This way, you can see all of your savings for your child in one place online.
3) Get Boston Saves Dollars for your child!
You can grow the $50 in your child’s Boston Saves account to as much as $115 in the first year – just by getting Boston Saves Dollars. There are three ways to get Boston Saves Dollars:
- Link a financial account to your child’s Boston Saves account online ($25)
- Save $25 for your child in a three-month period ($5/period…up to $20/year)
- Read with your child for 20 days per month in a three-month period ($5/period…up to $20/year)
4) Prepare for your child’s future
There are many ways you can start planning now for your child’s future success. These include saving money for your child, growing that money, and talking with your child about their future. Boston Saves has gathered free resources that can help you take these steps now.
5) Think about becoming a Boston Saves Family Champion
Are you excited about Boston Saves and want to share the program with other families? If so, you may want to become a Boston Saves Family Champion. A Family Champion is a parent or family member of a Boston Saves student who learns more about the program and shares information with other families at Boston Saves events. Family Champions can get up to $450 in gift cards for their time.
If you would like to become a Family Champion, please fill out this Family Champion interest form. Thank you!
Still have questions?