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Family Savings acount program in 50 states - 7/10/2007 5:33:33 AM

pahunkboy

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From: Central Pennsylvania
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Ok- in case you are low income and in the US. there is a program known is a family savings account. i am on this program. do a google search to locate one near you. anyhow- over the span of 2 years- you deposit $10 or $20 a week into it. meanwhile you attend 4 financial training seminars. at the end of 2 years- they match 2k to the 2k you deposited.

my complaint is- they keep cancelling the seminars- so even tho im particapating- i wont have the 4 seminars!!!

oh- the funds then can only be used to buy a house, go to school, or start a business. home improvements are ok they told me.

the idea is they "taught" you to save money....

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RE: Family Savings acount program in 50 states - 7/10/2007 5:38:56 AM

mnottertail

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I assume you have to deposit the money with them, or am I way out of line here?

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RE: Family Savings acount program in 50 states - 7/10/2007 5:54:58 AM

pahunkboy

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they connect with a bank...so you deposit at the bank. tho i suppose you could mail it to the bank

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RE: Family Savings acount program in 50 states - 7/10/2007 5:56:23 AM

pahunkboy

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I doubt it is a scam. the local office of human resources manages it in my area.

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RE: Family Savings acount program in 50 states - 7/10/2007 6:03:18 AM

mnottertail

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well, then they are much plenty fucked, save the ads and the cancellations and if they can't get 4 together in the time allotted, see the commissioner of your state.

so do they take some kinda cut or is this just cause they are hell of a swell fellers or what?

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Have they not divided the prey; to every man a damsel or two? Judges 5:30

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RE: Family Savings acount program in 50 states - 7/10/2007 6:07:38 AM

pahunkboy

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no- it is government grant money.

they also are knowed as IDAs and FSAs.

OHR is a nonprofit entity, you will find carreer link- ad nauseum there- job training, seeking- this type of thing.

some may criticise such use of money= but at least it isnt a 12,ooo$ toilet seat for the pentagon.

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RE: Family Savings acount program in 50 states - 7/10/2007 6:10:31 AM

pahunkboy

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Joined: 2/26/2006
From: Central Pennsylvania
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if you drop from middle class to -- lower class- one has to be a wiz at co-ordinating what programs to apply for. i made a list- as to the most valueable- to the least valueable. shot at the top and worked my way down.

consider this. you can only have 2k to get medcaid and food stamps.

so- i mentioned this to those people. they have now ironed that out- so those funds do not apply.

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