NC Saves - Build Wealth, Not Debt

Overview: The North Carolina Saves Campaign is part of a national effort called America Saves.  This educational/marketing initiative is designed to encourage people to change their habits about money to build wealth, not debt. Through information, advice and encouragement, this savings program works with savers to develop realistic savings or debt reduction goals and provides local resources to help them work toward their financial goals. NC Treasurer, Richard Moore, is the chairman of the NC Saves Coalition and is leading the statewide effort to promote savings and financial education.

        Richard H Moore
State Treasurer of North Carolina
   Discusses NC Saves Program

What makes NC Saves unique?

$ Saver Accounts: By partnering with financial institutions, NC Saves offers access to special no fee savings accounts so that savers can get started with small amounts of money and not get eaten up with fees for not having a specific minimum balance. A list of participating financial institutions will be available by May 2005.

      Richard H Moore
State Treasurer of North Carolina

$ Individualized Wealth Coaching: Savers have the opportunity to meet with a volunteer wealth coach who can help them craft their monthly spending plan to free up money for savings. Wealth coaches also can check-in with Savers to see if they need help or advice in working toward their goals.  These wealth coaches are volunteers from the community who will have expertise and training to provide guidance in decisions about money.

$ Financial Education: Financial workshops are offered to Savers on topics that include: budgeting, reducing food expenses, credit reports, identity theft, homeownership, and many more.  Savers Clubs can also be started to provide peer support and encouragement.

How can you participate?

Become an NC Saver! Everyone is eligible to be an NC Saver! If you want to commit to saving money or recommit to saving money, we want to hear from you. Signing up is easy. You can email us with your mailing address and we'll send you an NC Saves brochure which includes an enrollment form OR you can sign-up on-line through this link: www.nctreasurer.com or come by our Asheville office and we'll provide the information to you.

Volunteer to Help!  For more information about Volunteer Opportunities like becoming a volunteer wealth coach, volunteer NC Saves site coordinator, and volunteer motivational speaker, please email beckyb@cccsofwnc.org (Please use NC Saves in the subject line.)

For more information about the Saves Program visit www.nctreasurer.com or www.americasaves.org.