Fund My Future provides the fun and excitement necessary to get families savings for the long term needs of their children. Research shows that children with savings accounts in their name are three times more likely to go to college and four times more likely to complete. Fund My Future turns the good intentions of parents to start saving into bona fide savings habits.
Fund My Future began as an effort Propel Schools to get the families of the 4000 children in its schools saving, With support from the Allegheny County Executive, the Mayor of Pittsburgh, and other local elected officials, Fund My Future became available to families in Allegheny County in 2017. With the support from the PA State Treasurer, Fund My Future is now available to all families in Pennsylvania to save for college and other post-secondary goals. Fund My Future provides a prize pool that makes the saving experience fun. Community events with partners make it easy to save in a variety of ways and places.
This is what some families have said about participating in Fund My Future:
“My son actually comes to me and says we need to deposit. This makes me take [saving for college] more seriously and think about it more on a continuous basis.”
The ritual of making Fund My Future deposits “gives me a reason to tell my first grader the importance of saving for college.”
In order to participate, any adult over 18 residing in Pennsylvania can take the PA Savings Pledge. In order to be eligible for various raffle prizes, you must make a deposit into an existing children’s savings account or 529 plan or open a new one to be eligible. Five $1,000 prizes and sixty $50 prizes are up for grabs every month.