United Way Launches ALICE® Saves Program

Danbury Kick-Off Event on March 19 to Show 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.

WHAT: ALICE Saves Kick-Off Event

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WHEN: Tuesday, March 19, 8 a.m. to 9 a.m. Snow date: Thursday, March 21, 8 a.m. to 9 a.m.

WHERE: Danbury Police Station Community Room, 357 Main St., Danbury, CT

PARKING INFORMATION:

Please park at the very beginning of the parking deck, closest to where you pull into the lot, in the center and against the back wall. PLEASE DO NOT park in marked employee parking or in the spots closest to the front door.

 

ON-SITE CONTACT: Casey Levene, Vice President, Community Impact, United Way of Western Connecticut, 203-241-4444.

BACKGROUND: The program is designed to encourage “ALICE” – Asset-­‐Limited, Income Constrained, Employed — to begin their habit of saving by enrolling in two free, award-­‐winning programs.

For the first time anywhere, SaverLife, a proven savings product from the California-­‐based nonprofit EARN, and TrustedAdvisor,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 Leven at 203-297-6246 or casey.levene@uwwesternct.org

                                                                                                                                                           

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ABOUT UNITED WAY OF WESTERN CONNECTICUT

United Way of Western Connecticut improves the lives of hard-working, struggling households by mobilizing the resources of local communities to create lasting change. United Way helps residents across Northern Fairfield County, Southern Litchfield County and the City of Stamford by focusing on the vital building blocks for a good life: education, financial stability and health. It is particularly focused on a population identified as ALICE® (Asset Limited, Income Constrained, Employed). By leveraging the collective power of the community, we are focused on creating an environment where individuals and families are self-sufficient and can achieve financial independence. For more information about United Way of Western Connecticut, please visit: www.uwwesternct.org. Like us on Facebook. Follow us on Twitter. Follow us on Instagram. Watch us on YouTube.

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Submitted by Danbury, CT

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