290: How is the Child Tax Credit Impacting Families?

Hey, I'm Chris.

I'm a former Analyst, Podcaster, and Producer. My goal is to help you understand your finances better in about the time it takes to make a bag of popcorn!

The expansion to the Child Tax Credit expired at the end of December 2021, but what impact did this credit have on families?

This week Leigh Phillips, the CEO of Saverlife, joins me to discuss how the Child Tax Credit provided stability for families, including helping them strengthen their savings accounts. We also talk about how Saverlife is tracking what other impacts these monthly payments have had on families, along with the effects of losing this child credit.


Today’s bag of popcorn is brought to you by my other podcast, This is Awkward. Each week, we help listeners through their awkward money situations. Find the latest episode here!

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Find out more about Saverlife at saverlife.org

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