United Way Launches ALICE® Saves Program, Kick Off Event Shows How Struggling Households Can Keep More of What They Earn

United Way of Western Connecticut is sponsoring a Kick-Off Event for its ALICE Saves program on Tuesday, March 19, 2019 from 8 a.m. to 9 a.m. at the Danbury Police Station Community Room, 357 Main St., Danbury, CT. It joins the United Ways across the State of Connecticut in launching this program.

Danbury nonprofit agency staff, social workers, banking personnel, and other community members will want to attend this event to learn how ALICE Saves can help their clients and customers save more money and better manage their personal finances.                                    

At the informational session, attendees will see demonstrations of SaverLife and Trusted Advisor, learn how to enroll participants, and get access to free marketing materials. By joining SaverLife, participants receive financial rewards for consistent savings. Savers earn $10 for every month that they save at least $20 and have the potential to earn $60 in rewards at the end of the six-month period.

For the first time anywhere, SaverLife, a proven savings product from the California-­‐based nonprofit EARN, and Trusted Advisor, a successful financial counseling program operated by the New York-­‐based Neighborhood Trust Financial Partners, will be available to help families build emergency savings and begin a journey to financial security.

In addition to potentially earning up to $60 in rewards, savers who securely link their savings account to SaverLife will have access to other supports. They will be offered an opportunity to take an additional step towards financial security by enrolling in Trusted Advisor, a technology-­‐enabled financial counseling program. A Trusted Advisor counselor, available through Skype or by telephone, will help Savers develop a financial action plan with concrete steps to meet financial goals.

For more information, or to RSVP, please contact Casey Levene at 203-297-6246 or casey.levene@uwwesternct.org

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Submitted by Bethel, CT

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