Learn: Making a Major Purchase

Savings is easier when someone else is helping.

Most people are familiar with companies helping with retirement by offering to match funds. Neighbors can help you access matching funds when saving for a major purchase.  

Family Assets for Independence Minnesota (FAIM) Accounts enable people to save money for major purchases like a home, car, education, or starting a business. Participants receive financial education and a $3 to $1 match up to $6,000. 

Reach out to a Financial Counselor to learn more.