Grow CA$H
Take the money you have and watch as it grows!
Family Development Accounts – Matched Savings Program — FDAs
The FDA Program enables low-income families to establish savings accounts that will be used to buy a home, pay for education, or start or expand a small business. Participating families establish a savings account from their earnings to be used toward their identified goal. The program matches participant dollars at a 4:1 ratio when withdrawn to purchase an approved asset. For a program description: http://womenworkandcommunity.org/?page_id=101
You can find information about getting one at these websites: Women, Work, and Community, Penquis, and WHCA.
Managing Your Money –
Women,Work and Community believes that a good understanding of your personal finances is important for success whether your path includes a job, a small business, going back to school, buying your first home, or preparing for retirement. Their classes give you the opportunity to become more confident with money, credit a budget that works for you, learn about wise use of credit, set goals and make a savings plan, and prepare for retirement. Website.
Visit this link to see the CA$H Coalitions across Maine in the News.
Looking for a way to increase your income? Stop paying to get your taxes prepared, and find out if you qualify for tax credits that you didn’t know you qualified for.
Get your income taxes prepared for free by IRS-certified tax preparers! Once you receive all of your income tax statements (such as W-2’s) dial 2-1-1 and get connected to a tax site near you.
HoMEworks educators and HUD approved Housing Counseling agencies
The HoMEworks goal is to provide a standardized, comprehensive homeownership education program to be delivered by a network of industry professionals in neutral environments throughout Maine. Buyers who have taken the home buying classes are more confident when asking questions and making decisions about homeownership and loan products. Education gives buyers the tools they need to avoid predatory lending and possible foreclosure.
Click on the following links for more HoMEworks information.
Family Development Account Coalition – Matched Savings Program — FDAs
The FDA Program enables low-income families to establish savings accounts that will be used to buy a home, pay for education, or start or expand a small business. Participating families establish a savings account to be used toward their identified goal. Matched Savings Programs enhance the money you earn through employment by matching your participant dollars at a 4:1 ratio. For a program description: http://womenworkandcommunity.org/?page_id=101 [ MORE ]