New United Way program allows families to make money by saving
The United Way organizations in Connecticut have joined together to create a program "designed to help families develop a lifelong habit of saving and other positive financial behaviors," called ALICE Saves.
"ALICE" stands for asset-limited, income-constrained, employed, or low-income families. ALICE Saves is designed to encourage such families to enroll in two free programs: SaverLife from the nonprofit EARN, and Trusted Advisor from Neighborhood Trust Financial Partners.
SaverLife is a six-month program that allows people to earn $10 for each month in which they save at least $20.
Trusted Advisor enables people to chat with a counselor — through Skype or on the phone — to develop financial action plans.
The program is open to all Connecticut residents over age 18 through 2019, with registration open at bit.ly/ALICEsaves.
United Way's 2018 ALICE report found that 46 percent of Connecticut households do not have enough savings to cover three months of expenses.
Stories that may interest you
The famed forensic scientist delivered an inspirational presentation to members of the school's Coastal Connections program as well as students in biology and forensic science classes.
Four Democrats and two Republicans are on the ballot Nov. 2 for four spots on the nine-member Board of Education.
This year’s municipal election features a field of 16 candidates vying for two-year terms on the seven-member City Council.
With estimates placing the price at about $350,000, borough officials are lookimng for both funding and ways to trim costs of the proposed public restrooms on Wadawanuck Square.