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Budgets, banking, loans and taxes are important pieces of the puzzle to understanding your money. DCA's OFE will show you ways to Get, Manage, Save, and Protect your money, provide important information about Debt and Credit, and help you Find a Class or Counselor so you can piece the puzzle together!


 
 
 
 
 
 
 
 
 
 
 
 

 

DCA OFE News Alerts

 
DCA/OFE Urges State Action to Protect Consumers in the Financial Services Marketplace
DCA/OFE Urges Regulation of Foreclosure Rescue Businesses
DCA Written Testimony at House Committee on Financial Services Hearing on Consumer Financial Products Regulation
DCA Statement on the Obama Administration's Proposal to Create a Consumer Financial Protection Agency
DCA/OFE Urges Reform of Overdraft Regulations
DCA/OFE Proposes Solutions to Fight Foreclosure Rescue Scams
DCA/OFE Urges New Approaches to Ensure Banks Serve the Needs of New Yorkers with Low Incomes


$aveNYC Account: Innovation in Asset Building

New Yorkers with Low Incomes Save $73,000 in $aveNYC Accounts
DCA Releases First-Year Results of Innovative Pilot Program
Individuals with low and very low incomes can and will save when offered simple and safe banking products at the right moment, according to key findings in the report $aveNYC Account: Innovation in Asset Building. The City's $aveNYC Account encouraged savings through a match program—50 cents for every dollar saved from a tax refund up to a maximum match amount of $250. Participants had to keep the account open for one year to receive match money, which came from private funding raised with the help of the Mayor's Fund to Advance New York City.

Read the press release
Download the report (in PDF)
Learn more about the $aveNYC Account

Financial Empowerment Centers

Mayor Bloomberg Opens Three New Financial Empowerment Centers to Help New Yorkers with Money Worries
New Yorkers can now access free financial counseling at the City's Financial Empowerment Centers in Brooklyn, Manhattan, and Queens in addition to the Bronx. Services are provided by professional counselors in person or by phone in English and Spanish. Opening additional Centers is one of Mayor Bloomberg's 18 initiatives to help New Yorkers face current economic challenges.
Read the press release
Find a Financial Empowerment Center near you

Make the Most of Your Tax Refund

Make the Most of Your Tax Refund!
Expecting money back from the government? Get DCA/OFE's tips on managing your refund wisely. Take advantage of free and low-cost financial education programs, too!
Get tips to make the most of your tax refund in
   English   Español  
Search the Financial Education Network Directory for free or low-cost help in your neighborhood
Got an extension to file your taxes? Learn about credits for which you might be eligible and find a free tax preparation site

Pass It On Campaign

Mayor Bloomberg and Commissioner Mintz Launch "Pass It On" Campaign to Help Faith Leaders Connect Their Congregants to Financial Education Resources
Read the press release
Search the Financial Education Network Directory for free or low-cost help in your neighborhood
Get tips on managing your money

Debt Stress

Mayor Bloomberg Alerts Debt-Stressed New Yorkers about Ways the City Can Help Them Take Control
Commissioner Mintz joined Mayor Bloomberg to announce the launch of the Office of Financial Empowerment's public awareness campaign about taking control of personal debt, and OFE's creation of additional Financial Empowerment Centers Citywide.
Read the press release
Search the Financial Education Network Directory
Learn about the Center in Melrose
Get tips to take control of your debt in English or Español

Learn more about balancing debt and credit








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