Savers Win at Tax Time: Testing Digital Strategies to Promote Tax Time Saving

Categories: GamificationPrize-Linked Savings

Commonwealth and EARN tested a pledge and prize campaign to promote tax-time saving among the digital community of low-income people on EARN’s SaverLife platform. Our goals were to better understand the behavior of financially vulnerable people at tax time, explore strategies to drive tax time action-taking in the context of a digital savings platform, and identify scalable lessons for measuring and rewarding tax time saving at scale. This brief looks at the process and what we learned.