Mum banks on saving advice


Damon Smith with brothers Keenan, Logan, sister Tamryn with their mother Jamie Abram.
Damon Smith with brothers Keenan, Logan, sister Tamryn with their mother Jamie Abram.

Ms Abrams said she was pleasantly surprised with the results, even after finishing the program.

“It was amazing how quick it accumulated and I was amazed I could do it to be honest,” she said.

“I’ve actually upped mine to a little bit extra since I’ve left The Smith Family.”

Saver Plus has helped 58 Kwinana families since 2010 and after $29.4 million worth of Federal funding as well as $17.5 million from ANZ, the program hopes to help 16,000 other families over the next five years.

Saver Plus assists people on lower incomes to strengthen their financial skills and develop a long-term savings habit.

As an incentive to save, participants receive up to $500 in matched savings from ANZ when they complete the program, which can be used for educational items.

Saver Plus co-ordinator from The Smith Family, Jacqui Brooker, said the money saved could make the world of difference for children in need.

“Since the program began, participants in the Kwinana area have saved more than $25,500 and have used their matched savings to help pay for educational costs such as computers and tablets, text books, sports equipment, music lessons and uniforms,” she said.

To be eligible to join Saver Plus, participants need to be at least 18 years old, hold a Health Care or Pensioner Concession card, have some form of regular income from work and be a parent or guardian of a child at school, or attend vocational education themselves.

Anyone interested in partaking in Saver Plus should contact Jacqui on 0418 663 585.