CA$H Maine

Creating Assets, Savings & Hope

Taking money out of green wallet

Q. How Big Should My Emergency Fund Be?

Posted January 15, 2016

A. There is a wide range of opinions about how big an emergency fund should be. Your fund is going to depend on what amount you feel most comfortable with. The standard suggestions are 3 to 6 months, 6 to 9 months or 9 to 12 months of living expenses. If you are self-employed or… Read more

Senior Adult Couple Going Over Papers in Their Home with Agent.

Q. Where can I find out about scams?

Posted January 7, 2016

A. Here are some resources about scams: WiserWomen-Improving the long-term financial security of all women through education and advocacy. The Federal Trade Commision (FTC)-The FTC works to prevent fraudulent, deceptive and unfair business practices in the marketplace and to provide information to help consumers spot, stop and avoid them. Read more

Young family enjoying a day in nature, shallow DOF, father and son in focus

Q. Why use a bank or a credit union?

Posted January 7, 2016

We all need to keep our money safe. A bank or credit union will protect your money from being lost or stolen, and all money in insured financial institutions is protected by the U.S. Government. Using a bank or credit union saves you money from pay fees to cash paychecks, pay bills, transfer and borrow money…. Read more