Creating Assets, Savings & Hope
Posted February 28, 2017
Longtime L-A CA$H volunteer Monica Lee sits at the Lewiston Memorial Armory recently during a daily tax preparation session. Lee, who has been assisting residents with taxes for 10 years, says the program helps people “ease their mind.” Written by Andrew Rice and published in the Sun Journal on February 20, 2017. Not many… Read more
Posted February 22, 2017
“I’m a college graduate, and I have a hard enough time figuring out the healthcare marketplace – the pluses and minuses, the credits and debits. I would much rather have volunteers at the Western Maine CA$H Coalition help me with my taxes. They’re competent, educated, and trained in it, and there is no charge. I… Read more
Posted February 10, 2017
Saving while filing your tax return is easy and can be automatic. Saving can help you be prepared for financial emergencies and begin to plan for the future. Written by David Sieminski, Consumer Financial Protection Bureau (CFPB) – FEB 09, 2017. The Consumer Financial Protection Bureau (CFPB) is a 21st century agency that helps consumer… Read more
Posted January 20, 2017
This year it is more important than ever to prepare accurate income tax returns. A new law requires the IRS to delay issuing refunds for certain taxpayers claiming the Earned Income Tax Credit (EITC) or the Additional Child Tax Credit (ACTC) until February 15. The law has no exceptions and is designed to make it… Read more
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
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.