September 2018

Residents Struggle With Basic Household Survival

September 2, 2018 The ALICE Report recommends both short-term and long-term strategies to help ALICE families and strengthen our communities. Connecticut’s United Ways are responding to provide a hand up for ALICE households through a number of these short-term and long-term strategies. Connecticut’s United Ways are helping working families to increase their financial security by …

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New Report: 4 out of 10 Families in Connecticut Struggle to Pay for Basic Needs

September 2, 2018 According to the 2018 ALICE Report for Connecticut, 40% of households in our state have income which falls below what is needed to pay for basic necessities of housing, food, child care, health care, technology, and transportation. ALICE, stands for – Asset Limited Income Constrained Employed. United Ways in Connecticut and seventeen …

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United Way report details financial hardships faced by Connecticut workers

By Claire Bessette September 2, 2018 In Connecticut, 40 percent of households struggled to meet basic costs of living in 2016, and most did not have enough savings to handle a fiscal crisis such as a layoff, car repair or illness, a study released Sunday by Connecticut United Ways said. Richard Porth, CEO of United …

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Report: Many Connecticut Households can’t pay for basic needs

September 2, 2018 In Connecticut, almost half of households do not have the savings to cover three months of living expenses, risking a real financial spiral in the event of a typical family emergency (illness, car breakdown, appliance replacement, etc.). In addition, the new ALICE Report reveals the following trends: Differences in financial security by …

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United Way report shows more residents financially on the edge

By Kristina Tedeschi Wayne September 1, 2018 The ALICE acronym stands for Asset Limited, Income Constrained yet Employed, and the growing numbers are largely due to a climbing cost of living here in Connecticut, said Richard J. Porth, president and CEO of United Way Connecticut. While Connecticut workers earn the highest median income when compared …

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Report: CT’s cost of living too high for 40% of households

By Joe Cooper August 27, 2018 Connecticut’s high costs of living are taking a major bite out of family earnings. A new report says 40 percent of Connecticut households are earning less than what is needed to run a family: housing, health care, food, child care, technology and transportation. The Asset Limited Income Constrained Employed …

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United Way column: Even those who are working can be financially vulnerable

By Virginia Mason August 17, 2018 ALICE is an acronym for Asset Limited, Income Constrained, and Employed. It is a project of United Ways in a growing number of states: Connecticut, Florida, Hawaii, Idaho, Indiana, Iowa, Louisiana, Maryland, Michigan, New Jersey, New Jersey, New York, Ohio, Oregon, Virginia, Washington and Wisconsin. Connecticut was one of the first …

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