Background: The Rodriguez family, immigrants from Mexico, dreamed of taking a family vacation but found it difficult to save enough money.

Solution: They joined a vacation savings room in Coterie. This group of 6 families saved $200 each per month, with one family receiving the $1,200 pool each month.

Steps Taken:

1. Monthly Contributions: Set up automatic transfers to their savings room.
2. Regular Updates: Participated in monthly group calls to stay engaged and motivated.
3. Savings Education: Attended Coterie’s workshops on smart saving strategies.
4. Credit Reporting: Coterie reported their savings activity, gradually improving their credit profile.

Outcome: After a year of consistent saving, the Rodriguez family had enough money for their dream vacation. The process also helped them improve their financial habits and credit score, setting them up for future financial goals.