Creating Assets, Savings & Hope
Posted October 31, 2016
Depending on your adjusted gross income reported on your Form 1040 series return, the amount of the credit is 50%, 20% or 10% of: contributions you make to a traditional or Roth IRA, elective salary deferral contributions to a 401(k), 403(b), governmental 457(b), SARSEP, or SIMPLE plan, voluntary after-tax employee contributions made to a qualified… Read more
Posted October 31, 2016
The Earned Income Tax Credit, EITC or EIC, is a benefit for working people with low to moderate income. To qualify, you must meet certain requirements and file a tax return, even if you do not owe any tax or are not required to file. EITC reduces the amount of tax you owe and may… Read more
Posted October 20, 2016
Whether you’ve just turned 26 and are moving off a parent’s healthcare plan or you’ve recently left a job and need to find your own insurance, navigating health insurance can seem tricky and overwhelming. However there are a number of resources out there that can help you know how to compare plans, what questions to… Read more
Posted September 29, 2016
Join us for a one-session class to develop a spending plan for the holidays. The holiday season can be stressful. Figuring out a budget can help you gain confidence and feel secure as you enter the holiday season. Pre-registration is required! Register Here FMI and to register please call Suzanne at New Ventures Maine… 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 30, 2016
Many parents worry about how they will pay for their children’s college tuition. In Maine, the NextGen College InvestingⓇ Plan has helped many Maine families to relieve some of this anxiety. Since 2002 the NextGen College InvestingⓇ Plan has been a way for parents & guardians to save money for their children’s education. In recent… Read more
Posted August 26, 2016
Join a free class this season to build your confidence, build your savings, and build your action plan! My Money Works will be held on Tuesday evenings at Cony High School from September 20-October 18. You can gain tools to create a budget, understand credit, make a savings plan, and set and meet financial goals. Building Confidence will… 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
Posted August 16, 2016
Are you interested in taking a financial class this fall? Here are the options that will be offered through our partner New Ventures Maine: My Money Works Farmington-Starting 8/24 South Portland-Starting 9/19 Augusta-Starting 9/20 Rockland-Starting 10/5 Lewiston-Starting 10/25 Budgeting Basics Lewiston-Starting 8/30 Turner-Starting 10/11 Strong-Starting 10/19 Bethel-Starting 10/26 Clean Up Your… Read more
Posted July 28, 2016
Shared with permission from the National Disability Institute. Check out the National Disability Institute’s campaign DISABLE POVERTY to increase awareness of Americans with disabilities. The National Disability Institute (NDI) announced the launch of its grassroots campaign, DISABLE POVERTY on July 26, 2016, the 26th anniversary of the American with Disabilities Act (ADA), to increase… Read more
CA$H Maine is a statewide collaboration of eight coalitions, comprised of 50 non- and for-profit partners, working together to help empower Maine individuals and families to achieve long-term financial stability.