Taking a Vow to Save

My father does not like debt. My father does not like debt in the way that most people don’t like spiders, or brussel sprouts. It irks him. He (and his own father) both worked their way out of debt, and have been fortunate enough to never look back.

But for most in America, the concept of a little debt (or even a lot of it) isn’t too far off from the concept of satisfying a craving for your favorite food. Sure, it might not be the most healthy meal in the world, but you’re balancing it along with a handful of mixed nuts and salads, right? Here’s the clincher though: my father may not like debt, but there are two things in the whole world he would be willing to pay off: the first? School. The second? A house.

Nowadays, most newlyweds can’t imagine the wedding bells ringing, going on the long-awaited honeymoon, and coming back to walk in the front door of their very own home. We live in an apartment-driven economy, especially those of us in larger metropolitan areas. The starter homes that are still affordable are often in expanding markets (read: small towns), and even those can be out of the price range for a young pair who likely just paid for their own ceremony, reception, and honeymoon as well. Vow2Save is out to change that. A new program featured across wedding websites all over the internet, Vow2Save utilizes the incredible power of crowdsourcing to keep couples away from the immediate debt of homeownership – and helps get them in the front door smoothly.

Each couple that registers with the program is assigned their own free website that connects with PayPal, and serves as the platform where friends and family members can contribute to help the pair with their down payment. Anyone can set up a crowdfund: the process has become part of the modern-day internet canon of easy how-tos; like Facebook, Instagram, or Snapchat. But Vow2Save takes it a step further, providing template emails, posts, infographics and more to share with loved ones. They’ll help connect you with realtors all over the country so couples are free to roam: and what’s more? There’s no hassle in dealing with the 6pm rush at Bed, Bath & Beyond to return that third salad spinner you got from your Aunt, for a gift card you’d likely spend on a $10 or under gag-gift-as-seen-on-tv in the checkout line anyway.

Rather than furniture or flatware, Vow2Save’s founders see this as an opportunity to help young couples come up with something more substantial and long lasting: property. Your unique account in the bank account of your choice will never expire, and you’ll continue to earn interest no matter what the balance may be. When you’re ready, the team will help you find your new house or condo, and you can start your marriage knowing that the burden of a down payment has been handled, and you have checked off two of the biggest investments in a lifetime, at the same time: marrying the guy or girl of your dreams, and moving into a financially sound future. Even my father couldn’t argue with that logic.

For more info, visit www.vow2save.com

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