Creating Assets, Savings & Hope
Posted December 20, 2016
It is important to remember the following things as we are bombarded with store credit card offers during the holiday season. A few tips to keep in mind: Deferred interest deals are often something used to lure in new customers, but could leave your bank account hurting. In many cases, if you miss a payment,… Read more
Posted November 8, 2016
As another cold Maine winter approaches, small changes can add up to big savings on energy costs. For instance, having your furnace cleaned and serviced can make it work more effectively, saving you money on heating oil. Check out these energy efficiency tips from Efficiency Maine: Turn the thermostat down to 55 degrees when the house… Read more
Posted October 20, 2016
Whether you’ve just turned 26 and are moving off a parent’s healthcare plan or you’ve recently left a job and need to find your own insurance, navigating health insurance can seem tricky and overwhelming. However there are a number of resources out there that can help you know how to compare plans, what questions to… Read more
Posted August 30, 2016
Many parents worry about how they will pay for their children’s college tuition. In Maine, the NextGen College InvestingⓇ Plan has helped many Maine families to relieve some of this anxiety. Since 2002 the NextGen College InvestingⓇ Plan has been a way for parents & guardians to save money for their children’s education. In recent… Read more
Posted August 25, 2016
The Financial Industry Regulatory Authority (FINRA) recently released the National Financial Capability Study (NFCS) based on data collected in 2015. This study provides data that focuses on 4 components that lead towards being financially stable, including Making Ends Meet, Planning Ahead, Managing Financial Products, Financial Knowledge and Decision Making. Compared to the nation as a… Read more
Posted July 28, 2016
Shared with permission from the National Disability Institute. Check out the National Disability Institute’s campaign DISABLE POVERTY to increase awareness of Americans with disabilities. The National Disability Institute (NDI) announced the launch of its grassroots campaign, DISABLE POVERTY on July 26, 2016, the 26th anniversary of the American with Disabilities Act (ADA), to increase… Read more
Posted July 8, 2016
Divin Gatera (left) sits with Western Maine volunteer, Dahir Muktar. Divin Gatera is a 22 year old volunteer tax preparer with Western Maine CA$H. A national from Rwanda, Divin is a junior at University of Maine at Farmington (UMF) pursuing a degree in Business-Economics with a minor in International Global Studies. After being referred… Read more
Posted June 13, 2016
Did you know that 2/3 of people living in the USA live paycheck to paycheck? For those that experience this, it is hard to build wealth when there is nothing left at the end of the month to save or invest. Wealth inequality is becoming just as a big of a problem as income inequality…. Read more
Posted June 6, 2016
Did you know that 16.2% of Maine’s 1.3 million citizens are experiencing food insecurity? 16.2% may not sound like a lot, but that percent represents 208,000 people. This amounts to approximately 1/6 of the state’s population that is not getting enough to eat. What is food insecurity anyway? Food insecurity is experienced by a… Read more
Posted May 25, 2016
Written by, Tammy Greynolds, who works for America Saves, managed by the nonprofit Consumer Federation of America, which seeks to motivate, encourage, and support low- to moderate-income households to save money, reduce debt, and build wealth. Learn more at AmericaSaves.org. Baby Boomers, Gen X, Millennials. The lack of retirement savings in our country is an… Read more
CA$H Maine is a statewide collaboration of ten coalitions, comprised of 50 non- and for-profit partners, working together to help empower Maine individuals and families to achieve long-term financial stability.