ALICE Saves

Mom and two daughters

EARN REWARDS FOR SAVING.

ALICE (Asset Limited, Income Constrained, Employed) families are working families who live above the poverty line, but earn less than the Household Survival Budget, a bare bones budget that reflects the actual costs of basic needs in each region across the state. In our region, 31% of households are ALICE households, with another 13% who live below the poverty line. Combined, the number of poverty and ALICE households shows the total population struggling to afford basic needs (44% in our region).

We know having cash savings is a key tool to support long term success. Families with just $250 of savings are less likely to be evicted or miss a housing or utility payment. But sadly, 40% of Americans cannot cover a $400 expense with the cash they have on hand.

United Way of Greater New Haven is partnering to connect households with ALICE Saves, a program that helps regular families save more of the money that they earn and build towards the life they want.

DO YOU WANT TO BE A SAVER?

SaverLife and the Connecticut United Ways are partnering to bring a FREE program that provides cash rewards and incentives for building your savings.

By putting aside $20 month for six months, ALICE Saves participants earn a $60 reward from SaverLife, access to TrustPlus, and savings tips from certified financial coaches.