SaverLife is a nonprofit organization founded in 2001 with a mission to help people save money. The term "savings problem" doesn't express the gravity of the situation, given that just 39% of Americans can comfortably cover an unexpected expense of $400. Living paycheck-to-paycheck has become increasingly common, making it impossible for some individuals to save money. To address this issue, SaverLife uses prizes and incentives to encourage its 460,000 members to change their savings habits. The organization relies on access to consumer-permissioned financial data, which they obtained through a partnership with Plaid. This partnership enables SaverLife to provide personalized services to its members, helping them gain better control over their financial future.