“Avoiding the Money Trap” : Free Family Money Management Forum

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Past Event ....... January 24^th, 2011 — 6 pm

Having trouble making ends meet each month? Never seem to be able to save for a rainy day? Tempted to get a quick advance loan to tide you over?

The Lewiston-Auburn CA$H Coalition, a local partnership of elected officials, municipalities, non-profits, for-profit entities, and volunteers, is hosting a FREE January 24, 2011, financial education community informational entitled “Avoiding the Money Trap.” It will be held at 6 p.m. in Callahan Hall at the Lewiston Public Library, 200 Lisbon Street. A gas card drawing will be held at the close of the event compliments of Grimmel’s Gas-Up, Lewiston.

The Coalition, as part of its financial literacy outreach, recognizes that despite working hard, many individuals and families struggle to meet day-to-day expenses or to build a cash cushion for emergencies. As a result, families can become vulnerable to money traps such as payday loans, high-interest loans, refund anticipation loans, and costly check cashing fees.

The forum will feature Florence Young, of Casey Family Services – Portland, who will provide information on practical, safe ways to best manage one’s money. Casey Family Services supports the National Tax Assistance for Working Families Campaign, to include a partnership between the Annie E. Casey Foundation and the Volunteer Income Tax Assistance (VITA) Program. This effort puts the federal Earned Income Tax Credit (EITC) to work for low-to-moderate income families. Casey Family Services works with local volunteers and organizations to provide families with free assistance in filing tax returns, claiming the EITC and other tax credits, and learning about ways to build assets and financial stability.

For additional info about this free event, individuals may email dottie@ci.lewiston.me.us

Posted: Friday, January 21st, 2011 in Community Meeting, Discussion, Family, Instruction, Lecture, none, Presentation