OFE’s Asset Building Specialist has researched and designed a Retirement Planning pathway for Boston residents that can be accessed through workshops, an email information series, and brochures highlighting Retirement planning options. Many recent studies show that most Americans are not
Special Thanks to SunTrust Foundation!
SunTrust Foundation Awards $50,000 Grant to Help Expand the Financial Check-Up OFE is thrilled to announce a generous grant of $50,000 from the SunTrust Foundation to support the Boston Tax Help Coalition (BTHC). This funding will help expand the Financial
City highlights free savings events for America Saves Week
In celebration of America Saves Week, the City of Boston held a series of free financial empowerment events for Boston residents from February 25 to March 2. The week’s activities included tax preparation, Boston Builds Credit credit-building workshops, and savings fairs,
Thank you for getting your Financial Check-Up!
During the tax season, the Boston Tax Help Coalition administered the Financial Check-Up, a light touch strategy, one-on-one financial assessment tool that provides a City of Boston resident with the opportunity to review his or her credit report with a trained
Shattuck Award shines light on Alan Gentle’s financial empowerment work
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
Faces of America Saves Week
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
United Way Features Roxbury Center for Financial Empowerment
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
City of Boston celebrates America Saves Week
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
Tips on Credit Cards from the U.S. News and World Report
Credit cards for “bad credit” offer access to credit for people who have low credit scores, usually FICO scores below 580 (Very Poor on the FICO credit score range). With Very Poor credit, it is often difficult to be approved
New Children’s Savings Account Program, “Boston Saves,” Introduced to Pilot Schools
The pilot version of Boston Saves, the city’s new children’s savings account (CSA) program, rolled out eye-level with its beneficiary audience – kindergarteners – in early November to teach them about saving money. At Roosevelt K-8 School in Hyde Park, Miss Money and the Coins