Creating Assets, Savings & Hope
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 January 18, 2017
Improve your financial fitness in 2017 by taking a free class with New Ventures Maine: Career Planning: Wed., Feb. 1 – March 1, 9:30 a.m. – 12:00 p.m., Lithgow Library Introduction to Self-Employment: Wed., Feb. 15, 9:00 – 11:00 a.m., Augusta Career Center Building Confidence: Tues., Feb. 7 & Feb. 28, 4:30 – 6:00 p.m., Gardiner… 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 September 6, 2016
According to the Maine Center for Economic Policy “Payday loans notoriously carry high APRs (annual percentage rate). In Maine, the rates are as high as 217%! Strategically located in low-income neighborhoods or on the internet, payday lenders intentionally trap borrowers in debt that they cannot escape. The average payday borrower is trapped by ten transactions… 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
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.