North Carolina Saves

North Carolina Saves is an initiative of The Collaborative - Creating a Culture of Savings.

In NC, we are on a mission to educate, support and encourage people in their efforts to take control of their finances. Good financial management includes knowledge and practice. Throughout the state, people are learning about financial principles ranging from credit and debt, to budgeting and investing. The practice part is where savings comes in. Together, we can learn how to make savings a regular part of our routines, so that we prosper, both individually and collectively.

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Savings Strategies:

Building wealth starts when you set a goal and make a plan to reach that goal. Whatever goal you choose – whether it’s buying a car, buying a house, or getting out from under your debts – learn about proven savings strategies and get simple tips on the best ways to save. Click on the links below to learn how to:


About Us

The Collaborative is a non-profit organization promoting economic security for North Carolina families through savings and financial education programs.
www.cultureofsavings.org

 

RSS Recent Blog Entries View all »

  • Coping With the Cost of Caregiving

    This article is provided by AARP. 

    No matter where you work or what you do for a living, balancing work and family can be tough. But when the question of money comes into play, both can get even trickier. The fact is, financial advice for working families tends to focus on the cost of raising children, rather than the costs of caring for aging loved ones or family members with disabilities in need of long-term care.

    One in eight Americans provides care for a loved one facing illness, a

    Read more...
  • How to Select the Best Health Insurance for You

    With open enrollment season comes cold calls from insurance companies and unsolicited voicemail ads. But it’s also your annual chance to revisit your employer benefits to determine which coverage is best for you and get the biggest bang for your buck. Here are some pointers to keep in mind while you select your benefits package for next year so you can have optimal coverage for yourself and your dependents.

    Read more...
  • How to Know If You Have Enough Money to Retire

    By Lauren Minches, Actuary, Blueprint Income

    Retirement has become more complicated ever since employers stopped offering traditional pensions. Even worse, there’s an endless barrage of products, advertisements, and commercials trying to “help” you get ready for retirement. There’s enough advice floating around to create thousands of different retirements.

    Before deciding which product, investments, or plan is right, you should understand the basic principles and math behind a successful retirement. So here they are…

    Read more...
  • Should You Invest If You’re In Debt?

    Information for this article was provided by Chime.

    Investing in the stock market can be an effective strategy to improve your economic well-being, but it’s not always the most straightforward—especially, when debt comes into play. Whether you’re paying off student loans or still making payments on a mortgage you took out a decade ago, the simple truth is that most of us carry some form of debt. This undoubtedly adds another layer of complexity to financial decisions, and begs the question: should you invest if you have debt?

    Read more...

North Carolina Saves


Partner Resource Packet

Want to share savings messages?

Our Partner Resources Packets include a guest post, social media content, and more.

Current Theme: Tax Time: The Perfect Time to Save

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Tip of the Day

  • Having emergency savings may be the most important way to stay afloat financially http://ow.ly/r6i1n

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Saver Stories View all »

Developing a Savings "Game Plan"

Eunice Diaz, a teacher in Colorado Springs, had been noticing a pattern. Despite the fact that she and her husband were “making good money,” they were spending their entire earnings and “were still struggling at the end of the month.”

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Starting Over

Until last summer, Michael Lindman spent money freely. “I was a union truck driver for 35 years and had a good income,” said Lindman. “I owned my own home, saved a little, and tried to live within my own budget. You always think there’s going to be that much coming in, but things can change in a split second.”

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Taking Steps Toward Financial Fitness

Nicky Vasquez learned about Virginia Saves when she attended her first class with Bank On Virginia Beach. The instructor shared how important it was to have a written savings goal, and the entire class joined Virginia Saves as the first step toward financial fitness.

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