Creating Assets, Savings & Hope
Posted November 2, 2023
IRS News Release With the tragic crises and natural disasters happening around the globe, many are responding to the call to give what they can to help. The Internal Revenue Service today warned taxpayers to be wary of criminals soliciting donations and falsely posing as legitimate charities. Criminals commonly set up bogus charities to take… Read more
Posted November 2, 2023
Source: Consumer Financial Protection Bureau (CFPB) In October, millions of federal student loan borrowers will have a payment due on their loans for the first time since March 2020. Many borrowers may be able to reduce their payments or even get their loans cancelled, and they should explore their options before making payments. Borrowers who… Read more
Posted February 1, 2023
from America Saves, By Amy Miller, AFC® Our approach to handling a windfall is a simple and easy way to manage what you spend and save and can help you to do the best you can when you have additional funds available. This plan is known as the 30/40/30 Rule. FOLLOW THE 30/40/30 RULE TO… Read more
Posted April 25, 2022
The Maine Legislature has approved the supplemental budget and it was signed into law by Governor Mills on Wednesday, April 20. Here are the important details: Inflation Relief Checks Relief checks of $850 will be mailed to most Maine residents, starting in June. To be eligible, you must be a full-time resident and file a… Read more
Posted April 14, 2022
Maine has a significant population of older folks. Chances are that many are struggling financially with our current rate of inflation. There are several programs to help seniors with everything from medications to food to energy bills. Check out the resources listed in this article and share them with anyone who may benefit! https://www.forbes.com/advisor/personal-finance/inflation-financial-assistance-seniors/ Read more
Posted April 1, 2022
Not sure how to talk money with your kids? You might have reasons that you haven’t yet started to talk about money with your children. It might feel awkward, boring, preachy, or difficult. You might not know where to start, or when it’s the right time. But you probably know it’s important to start. Keep… Read more
Posted October 15, 2021
With the next advance Child Tax Credit (CTC) payment due to families on October 15th, advocates across the state are leaving no stone unturned to make sure all Maine kids get the tax credits they deserve. Virtually all Maine families qualify for the credit, but households that don’t typically file taxes may not know this… Read more
Posted July 14, 2021
Watch this video with information about the Advance Child Tax Credit from the Economic Security Project. If you are a parent, there is a very good chance you’re about to receive money in monthly payments for every child you have that is 17 years of age or younger. If you are thinking, “What!?” or “Really?”,… Read more
Posted June 28, 2021
By Kia Young, America Saves The easiest and most effective way to save is automatically. Think about it, saving automatically is the exact same way that millions of employees save through 401(k) and other retirement programs at work. So, taking that same concept— that you can “set it and forget it” and adjust to money… Read more
Posted June 17, 2021
American Sign Language Tax Day with student interpreters, CA$H Greater Portland Pictured left to right: Thomas Minch, Alison Stroshane (USM Student), Stephanie Crowley (USM Student), Sarah Vigliano (USM Student), Kerrie Keller, Meryl Troop, Joni Boissoneault and Christie Gaydos. “I would say it is one of the more rewarding things you could possibly do… there is… 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.