New Ventures Maine (NVME) can help you

  • Learn to budget
  • Repair your credit
  • Make a savings plan

Core class:

  • My Money Works: Tools for Smart Money Choices

Other training

  • Budgeting Basics
  • Clean Up Your Credit
  • Build Your Savings

Matched Savings Programs

Family Development Account (FDA) Program

Please note: The FDA program is funded through federal grants. A limited number of accounts are available each year.

The Federal FDA Program offers a matched savings account for income-eligible individuals and families who want to save money to:

  • Buy a home
  • Pay for education or training
  • Start or expand a small business

Maine FDAs: The match for the following asset goals is provided by the Maine Department of  Health and Human Services Office for Family Independence and accounts require a minor child in the household:

  • Home repair
  • Vehicle purchase
  • Vehicle repair
  • Emergency savings

This program matches each dollar you deposit in your FDA with up to $4 from public funding and private donors. It also gives you guidance on how to save and manage your money effectively, how to build good credit, and how to reach your goal.

FDAs are for individuals and families with household income under 200% of the Federal Poverty Level. Those eligible for TANF or the Earned Income Tax Credit usually qualify.  The program has a household asset limit and a training requirement.

FDA Income Eligibility 2016

FDA Questions and Answers 2016

       FDA Pre-application

Rainy Day Savings Account

The Rainy Day Savings Account (RDSA) Program offers a matched savings account for income-eligible individuals and families who want to save money to pay for unexpected emergency expenses. This program matches each dollar you deposit in your RDSA with $1 from private donors.

Rainy Day Savings Account Income Eligibility 2016

Rainy Day Savings Account Questions and Answers 2016

ClassDateProgram AreaLocationRegion
Budgeting Basics2017-02-28 February 28, 2017Manage your MoneyTurnerWestern
Budgeting Basics2017-03-02 March 02, 2017Manage your MoneyLivermoreWestern
Budgeting Basics2017-03-14 March 14, 2017Manage your MoneyMexicoWestern
Budgeting Basics2017-03-16 March 16, 2017Manage your MoneyFarmingtonWestern
Budgeting Basics2017-03-20 March 20, 2017Manage your MoneyPittsfieldCentral
Budgeting Basics2017-03-20 March 20, 2017Manage your MoneyMount DesertNorth Central
Clean Up Your Credit2017-03-21 March 21, 2017Manage your MoneyMexicoWestern
Your Money Personality2017-03-22 March 22, 2017Manage your MoneyGraySouthern
Clean Up Your Credit2017-03-23 March 23, 2017Manage your MoneyFarmingtonWestern
My Money Works2017-02-23 February 23, 2017
(ends March 23, 2017)
Manage your MoneySacoSouthern
Budgeting Basics2017-03-23 March 23, 2017Manage your MoneyWinthropCentral
My Money Works2017-02-24 February 24, 2017
(ends March 24, 2017)
Manage your MoneyBangorNorth Central
My Money Works2017-03-07 March 07, 2017
(ends March 28, 2017)
Manage your MoneyLewistonWestern
Your Money Personality2017-03-28 March 28, 2017Manage your MoneyMexicoWestern
Your Money Personality2017-03-30 March 30, 2017Manage your MoneyFarmingtonWestern
Your Money Personality2017-04-03 April 03, 2017Manage your MoneyBuxtonSouthern
My Money Works2017-03-09 March 09, 2017
(ends April 06, 2017)
Manage your MoneySouth PortlandSouthern
Clean Up Your Credit2017-04-11 April 11, 2017Manage your MoneySouth ParisWestern
My Money Works2017-01-20 January 20, 2017
(ends April 21, 2017)
Manage your MoneyBoothbay HarborMidCoast
My Money Works2017-03-28 March 28, 2017
(ends May 02, 2017)
Manage your MoneyAugustaCentral
Budgeting Basics2017-05-03 May 03, 2017Manage your MoneyHoultonNorthern
Clean Up Your Credit2017-05-11 May 11, 2017Manage your MoneySouth PortlandSouthern
My Money Works2017-04-25 April 25, 2017
(ends May 16, 2017)
Manage your MoneySouth ParisWestern
Clean Up Your Credit2017-05-17 May 17, 2017Manage your MoneyHoultonNorthern
My Money Works2017-05-02 May 02, 2017
(ends May 23, 2017)
Manage your MoneyBrunswickMidCoast
Budgeting Basics2017-05-23 May 23, 2017Manage your MoneyPresque IsleNorthern
My Money Works2017-04-26 April 26, 2017
(ends May 24, 2017)
Manage your MoneyWatervilleCentral
My Money Works2017-04-27 April 27, 2017
(ends May 25, 2017)
Manage your MoneyGardinerCentral
My Money Works2017-04-27 April 27, 2017
(ends May 25, 2017)
Manage your MoneyFarmingtonWestern
Budgeting Basics2017-05-25 May 25, 2017Manage your MoneySouth PortlandSouthern
My Money Works2017-05-02 May 02, 2017
(ends May 30, 2017)
Manage your MoneyFort KentNorthern
Clean Up Your Credit2017-05-30 May 30, 2017Manage your MoneyPresque IsleNorthern
My Money Works2017-06-08 June 08, 2017
(ends July 06, 2017)
Manage your MoneySouth PortlandSouthern