October E-Newsletter: Stay Up To Date with Midas
#TheMidasTouch: More Prosperous Communities

Thank you for making our Assets & Opportunity Reception a success. Our October 4th event highlighted the expertise, commitment, and passion across our collaborative to create a better tomorrow for Massachusetts families.

By building assets, engaging in quality financial coaching and planning, and more, households working with Midas are moving from making ends meet to achieving their aspirations. We are proud of our work this year to equip families with the tools to succeed. Yet to improve the health of all families, our reach has to expand.

"We seek to change public policy discussions at the state and federal level by changing the narrative around financial stability and adding a framework of health. We know that improving policy affects us all. A healthy Commonwealth relies on financially healthy people," said Allison Bovell-Ammon, accepting on behalf of our 2017 champion, Boston Medical Center.

"Our work across the Commonwealth is more important now than ever. We have strengthened our partnerships with organizations that are moving in new directions in the field and pushing for legislation to reduce debt collection abuses hurting our most vulnerable," said Pam Hoffman, Midas' executive director.

Collaboration is key to achieving our vision, and with our growing member and partner network, we are confident that together we will create more prosperous communities. 

Thank you to our champion sponsor, Mr. Cooper, who has been
leading in hurricane relief efforts. 

Learn more about the event and relive amazing moments through photos. 
Advocating for Financial Security


As a collaborative network, we are able to amplify our efforts to create
more prosperous communities. Below are updates on how we are building
awareness and support amongst stakeholders for a stronger Massachusetts.

Empowering Students with Financial Education:
  • Over 50 MassSaves advocates descended upon the Massachusetts State House on Wednesday, October 11th. MassSaves highlighted the need and growing bi-partisan support for legislation (S.249H.261) that acknowledges that every student in Massachusetts should have access to the tools to build financially responsible lives. Read more here.
Stopping Abusive Debt Collections:
  • On Monday, September 25th Midas testified in front of the Massachusetts Joint Committee on Financial Services in support of the Debt Collections Fairness Act. With nearly 25% of Massachusetts residents having one or more debts in collection, owing an average of $4602 per debt, it reinforces the need for a just and transparent system. Read more here.
Interested in advocating for policies that advance financial security? Contact us! There are numerous ways to engage and make your voice heard.

The Midas Collaborativewww.MidasCollab.org | www.MassSaves.org
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