Financial Literacy ~ How to Understand & Manage Your Finances

It has never been more important to understand and manage your finances. ACTION now has an on-staff Financial Literacy & Education Coordinator to help.

Programs & Services

FREE Tax Preparation: ACTION offers free assistance with State and Federal income tax returns at our main offices located at 180 Main Street in Gloucester. Our Coordinator and trained volunteers can help you file your taxes electronically, get faster returns, and claim credits such as the Earned Income Tax Credit - all at NO cost to you. Call to see if you are income-eligible for this service. Appointments start January 18.

IDA Savings Program: The Individualized Development Account savings program helps participants save toward assets such as a first home, college education, or small business.

Financial Classes & Counseling: ACTION periodically offers classes on financial topics such as budgeting, bankruptcy, credit reports, and managing expenses. One-on-one budget counseling may also be available. Call to learn more.

Class Descriptions

■ Bankruptcy: A local attorney will discuss bankruptcy, your rights under state and federal laws, and whether bankruptcy is the right choice for you.

■ Basic Banking: Learn the basics of banking – getting your accounts in order and managing them, and  avoiding fees.

■ Credit Reports & Credit Scores: Learn how to read and understand your credit report, and how your score affects your long- term plans and financial goals.

■ Managing Income & Expenses: Learn how to create a spending plan, prioritize your finances, work toward long-term goals, and save for emergencies.

■ When Income Decreases but the Bills Don’t: Learn how to cope with one of the most stressful events in your life by setting financial priorities and establishing a spending and savings plan.