You put 50 in a month for a year, you've got 600. You have a nightmare - because this is all about building financial resilience and getting people some savings - your fridge is broken, you need it for your kids. You spend your 600 you can't afford to put any more in. At the end of the two years, the highest amount you had in was 600, you get 50% of that which is 300, so you get 300.
My four years are up in April and it's been a fantastic scheme. I used the first bonus for a holiday for me and the kids but didn't touch the actual savings. Looking forward to April when my hard work' pays off.
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