CA$H Maine

Creating Assets, Savings & Hope

People standing with sign

Western CA$H Celebrates America Saves Week

Posted March 3, 2016

Steve and Laurie Welch of Chesterville with their savings pledge at Western Maine CA$H.   Last week CA$H Maine participated in America Saves Week, encouraging income tax filers to take a step toward savings by making a pledge. With 47% of Mainers living in asset poverty, tax season is an important time to start saving… Read more

Hands taking money out of green wallet

Ready for Emergency Expenses

Posted February 11, 2016

Nadia signed up for a Rainy Savings Account through New Ventures Maine because she was looking for ways to become more self-reliant. As a single mom just starting college, she knew she would need to have some emergency savings set aside to help with unexpected expenses. “After completing the Rainy Days Savings Program, something unpredictable… Read more

Two women standing.

Making Her Money Work Toward a New Car

Posted February 4, 2016

  Lee, who lives on a fixed income, was looking for better ways to manage her money when she signed up for a My Money Works class with New Ventures Maine. “Taking this class gave me both the skills and confidence that I needed to take control of my finances.” A motivated learner, she quickly… Read more

Income Tax Return Photo

Q. What is the Educational Opportunity Tax Credit (EOTC)?

Posted February 2, 2016

A. The EOTC can provide substantial savings for eligible Maine residents. If you graduated from a Maine college, and live and work in the state, then you may be eligible for a Maine income tax credit for student loan payments that you have made. You can find out more information about this credit here and… Read more

Girl shaking hands with college president

Saving for College Can Make a Difference

Posted February 2, 2016

Lauren is a recent college graduate and a Radiologic Technologist at Stevens Memorial Hospital in Norway, Maine.  Her mother set up a college savings account for her when she no longer had to pay for daycare.  It was easy to set up as an automatic deposit and she barely missed it.   “My mother’s choice… Read more