Henry Ford Quote


Assets Make A Difference
Individual Development Accounts (IDAs) are special matched savings accounts that enable low-income families to save, build assets, and enter the financial mainstream. IDAs reward the monthly savings of working low-income families who are building towards purchasing a productive asset - homeownership, education, or entrepreneurship.

Savings for Life
IDAs make it possible for low and moderate income families to learn and develop solid money management skills and build the financial assets they need to achieve long-term financial stability. Families that acquire productive assets are more economically secure, have more options in life, and can pass on status and opportunities to future generations. These assets have positive social, psychological, and civic effects that are independent of the effects of income.

Personal Financial Management Training
While the match savings is the centerpiece of an IDA, the program has several other components including financial education training, individual financial counseling and asset-specific training. Participants are required to attend 8 hours of financial education training which focuses on spending behaviors, goal setting, debt management, budgeting, saving, consumer awareness, investing, and asset-protection. Asset-specific training is also required for homebuyer education and business plan development.


JN is a 35 year old single mother with an 11 year old child who worked two jobs but still fell well below 200% of the federal poverty level. She completed basic financial management classes and asset specific training in all of UIDAN’s three approved asset areas before deciding to return to college. With the help of UIDAN and scholarships taking care of tuition, she earned a 3.85 GPA in her first semester.

More Saver Success Stories...

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Click here to apply for an IDA now.


Click here to view and register for the required IDA Financial Management Training classes.


Click here to for additional financial education training opportunities.


Click here to have a UIDAN account manager contact you.

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