Earn and Learn
Do you want to save money and be more in control of your finances? Rise Calgary, in partnership with Momentum, invites you to be a part of our exciting matched savings program called Earn and Learn.
Our Earn and Learn program is open for
registration for our 2024 cohort
(September 18, 2024 to March 5, 2025).
What's involved?
Earn and Learn is a 6 month online program, aimed at teaching people how to save money and give them the skills to take control of their finances.
Each month participants will save between $20 - $50 into their own savings account, and Rise Calgary will match their savings 3:1 at the end of the program. This gives participants a total potential savings of $1,200 to use towards the purchase of an asset, or other financial goal such as damage deposit or education opportunities.
"Do I Qualify?"
You may be eligible to attend Earn and Learn if you:
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Are over 18 years old
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Are a permanent resident or citizen of Canada
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Have a total maximum annual household income before deductions at or below the following guidelines:
"I don't have a lot of savings. Can I still join?"
Yes! You can still apply as long as you can save between $20-$50 after covering your rent, utilities, and other expenses and debts. However, if you are currently in bankruptcy, you will need to wait until you have documentation of discharge before joining.
What do I have to do in the program?
The program includes nine mandatory online workshops, held via Zoom on a biweekly schedule, typically in the evenings. In addition, you'll participate in four other sessions: an orientation, a graduation ceremony, and three special workshops featuring guest speakers.
You'll also be required to set aside $20-$50 into a savings account, but more detailed information will be provided once you start the program.
"What if I miss a session?"
No worries! As long as you attend a catch-up session, you'll stay on track to graduate. We understand that life can sometimes get in the way.
"How can you contribute $3 for every $1 I save? It sounds too good to be true."
At Rise Calgary, we're committed to empowering you with financial skills that go beyond traditional education. Thanks to our partnership with Momentum Calgary, we can offer an incredible opportunity: for every $1 you save, we contribute $3. This program is designed to encourage and reward smart financial habits.
We’re not alone in this mission—other organizations also offer matched savings programs. We’re thrilled to partner with you on this journey toward financial empowerment.
Looking for Financial Coaching?
If you don't think you can meet the savings or time requirements for Earn and Learn, then our Financial Coaching services might be what you're looking for.
These flexible sessions can be booked with a Community Advocate to fit into your schedule, and they can focus in on areas of financial empowerment that you're most interested in.
To book a coaching session call us today at (403) 204-8280 or click on the button below to fill out the contact form.