Alan Gentle was in his office, chipping away at the administrative details of his staff’s financial work – when the phone rang. It was the Boston Municipal Research Bureau calling with exciting news: Gentle had been selected as one of
Meet some of the Boston residents who took advantage of free, asset building events during America Saves Week. Similar events are available year-round – click the links below to learn more! Name: Tiffany Event: Bank on Boston Experience: Tiffany, 19, had
The Roxbury Center for Financial Empowerment plays a significant role in narrowing the economic inequality gap in Boston – and a recent blog article from the United Way of Massachusetts Bay and Merrimack Valley explains how. In short, it comes down
The City of Boston and the Mayor’s Office of Financial Empowerment are holding a series of free financial empowerment events for residents as part of America Saves Week, a national campaign to promote saving that runs from February 26 to
The seventeenth season of free tax preparation services for Boston residents kicked off yesterday with a launch event at Codman Square Health Center celebrated by Mayor Martin Walsh, the Boston Tax Help Coalition, and key community partners. Residents earning $54,000
A key wedge driving the gap between Boston’s affluent and low- and middle-income residents is credit. While good credit opens the door to low-cost loans, poor or no credit can make innumerable life transactions more expensive, from car loans to
A study released today by the Mayor’s Office of Financial Empowerment (OFE) finds that the Financial Check-Up (FCU) – a light-touch, one-on-one credit review – can make a dramatic impact on residents’ financial well-being in a short amount of time. A randomized, controlled trial of hundreds of Boston taxpayers
Santander Bank and the Mayor’s Office of Financial Empowerment (OFE) have announced that the Boston-based bank is providing a $200,000 grant in support of OFE’s financial education and economic development work for City residents. The OFE will use the grant to
Too many adults fail to appreciate the value of good credit until they’ve suffered the consequences of poor or no credit: diminished opportunity for jobs or housing, exorbitant loan or interest rates, limited access to further credit. But could these
Last Friday, ten graduates completed the Bridges to Careers program, which prepared them to enter rigorous job training with BEST Hospitality Training Center. See the photo gallery below for glimpses of their celebration, or learn more about Bridges to Careers, managed by Mayor Walsh’s