We accomplish our mission by providing connections to financial education resources throughout the state, wealth coaching, and free savings products to all North Carolinians. Through information, advice, and encouragement, we assist those who wish to pay down debt, build an emergency fund, save for a home, save for an education, or save for retirement.
NC Saves has a regional structure. Regional working groups assist community based programs to expand their current services to provide low-moderate wealth citizens in North Carolina access to no fee savings accounts through various local financial institutions. The regional working groups must embrace and implement these components into a stable infrastructure to effectively execute the campaign:
Motivational workshops – encouraging people to enroll, set a goal and save
Coaching individuals to create a realistic and manageable financial plan
Financial institutions offering no fee/no minimum balance accounts
Wealth building education – more advanced programs to build knowledge and skill beyond simple saving
The combination of no fee savings accounts and encouragement through coaching and education acts as a catalyst to assist all citizens in taking steps to building assets and saving for the future.
