Wednesday, September 9, 2009

Free Money!!!

I just got out of my first meeting for my Free Money!!! Basically, there is a local organization (there are other community-oriented organizations have programs similar to this one) that helps qualified people (generally an income/assets ceiling of less than average for the area you live in) with things like downpayment assistance for a first-time homebuyer, opening a small business, or in my case, education. There are usually required meetings, personal development classes, etc. They are programs that encourage and teach good saving/spending habits. So, I qualified and still need to jump through some hoops to get the money, but I already did some of the things through the Portland Housing Center last year and won't need to repeat them. Anyways, I will save $740 over the next 6 months in a special savings account and they will match it 3:1 and give me an additional $2220 to be used for any school-related expense. And I can reapply again as many times as I want to/qualify for. How can you beat that? Free Money!!!

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