ALICE is a United Way coined acronym that stands for Asset Limited, Income Constrained, Employed. ALICE describes families who live below the basic cost of living in Connecticut – now known as the Household Survival Budget.

As a result, households living below the ALICE threshold walk a financial tightrope. These families often have a difficult time establishing savings and are vulnerable to unexpected expenses, such as medical emergencies or car repairs.

Connecticut United Ways come together to publish a study of financial hardship, the ALICE Report.