What happens when my child reaches a Savings Goal?

Awesome news! Your child reached one of their Savings Goals!

What happens next is up to you; once your child has saved the total amount set for a goal:

  1. You can move the funds to a Spend Control, if your child was saving up for something to buy.
  2. You can move that money into your child's General Savings, where it will continue to earn Parent-Paid Interest if this is set up.
  3. You can leave that money in your child's Savings Goal, where it will continue to earn Parent-Paid Interest if this is set up.
  4. Or, you can edit the Savings Goal and increase the goal amount so your child can continue to save.

Any Greenlight Savings Reward earned for a closed Savings Goal will be deposited in the child's General Savings on the payout date. 

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