Welcome to NC Saves

NC Saves is an initiative of:

In NC, we are on a mission to educate, support and encourage people in their efforts to take control of their finances. Good financial management includes knowledge and practice. Throughout the state, people are learning about financial principles ranging from credit and debt, to budgeting and investing. The practice part is where savings comes in. Together, we can learn how to make savings a regular part of our routines, so that we prosper, both individually and collectively. Enroll in NC Saves now and let this site serve as your guide in Creating a Culture of Savings.

Solutions: Ask Our Experts

Seeking a SOLUTION? Our expert responds to your questions, issues and concerns about credit, debt, savings, and general financial management.

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In This Issue:

M.B. Roberts, a widowed grandmother, wants to provide a college education for her grandchildren, purchase a new car, and decide whether to pay off her mortgage or put more into her retirement account.

She sent in the following questions:

Since my husband’s death, I have been spending more time with my three beautiful grandchildren, aged (Darren-18, Bryson-6, and Melanie – 3). I would like to provide some financial assistance with their college education. What type of education fund should I consider for my grandchildren?
My car is almost 20 years old, so I’m looking to buy a new one by the end of the year. I’ve never bought a car on my own so I don’t know where to start. Should I…(Click here for the full article)

Saving Strategies

Building wealth starts when you set a goal and make a plan to reach that goal. Whatever goal you choose – whether it’s buying a car, buying a house, or getting out from under your debts – learn about proven savings strategies and get simple tips on the best ways to save. Click on the links below to learn how to:

Personal Finance Tips:

Setting up a regular savings schedule starts with setting a goal
Decide what you want to save for (home, auto, education, business, vacation, wedding, etc.)
Determine how much money you will need and how long it will take you to save
Automatically put money aside at the same time every month

Do you currently save money each month (excluding retirement accounts)?

	Save, what is that?
	Some months, when I can
	Yes, every month

“My whole mindset changed because I made life changes. I never thought I could have savings at the end of a paycheck.”

About Us

The Collaborative is a non-profit organization promoting economic security for North Carolina families through savings and financial education programs.

NC Saver Story

Rediscovering Me – Military Veteran Goes From Hopeless to Hopeful

A Desert Storm veteran, JR Myers, who likes to be called Randy, is a man who has clearly taken to heart the lessons he has learned over the past few years. Lessons about decision-making, self-esteem, accountability and second chances.

Almost seven years ago, a succession of bad choices, including substance abuse, combined with untreated mental health issues, led Randy to a life on the streets. By his own admission, he was mentally and physically hopeless and destitute, abusing alcohol and not able to accept his mental health issues. During this period, he says, “I had given up on myself and the power of God.”

The turning point came for him at two distinct moments. Randy says the decision to change came “when it was made for me and when I made it for myself.” Others made the decision for him by removing him from his home and placing him into a state mental hospital. At the point, he took his life back. It was in the hospital that he realized that he needed professional help and allowed himself to accept the consequences of his choices. Part of this experience required that he have a plan in place before leaving the hospital. Click here for full story.

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