How does The Foundation help me save money?
Right from your first payment, a portion from each full payment goes towards your savings. This is like a savings nest-egg for you. If you have the standard average payment of about $66 bi-weekly, then the following is an example of what you could expect to save:
Savings calculator
| Months | Standard Payment |
|---|---|
| 1 | $62.50 |
| 2 | $125.00 |
| 3 | $187.50 |
| 4 | $250.00 |
| 5 | $312.50 |
| 6 | $375.00 |
| 7 | $437.50 |
| 8 | $500.00 |
| 9 | $562.50 |
| 10 | $625.00 |
| 11 | $687.50 |
| 12 | $750.00 |
This is an approximation based on the standard average payment size of about $66 bi-weekly and no missed payments.
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