Financial Literacy
Families experiencing homelessness often face significant barriers to financial security and building a safety net. Lack of assets, poor credit, and difficulty meeting traditional bank requirements can further hinder their progress.
Recognizing the importance of stable finances in achieving long-term success, we established our Financial Literacy Program.
This program provides families with essential knowledge and skills in financial management and asset building, empowering them to gain and maintain economic independence.
our program model
Financial Education
Volunteer facilitators from financial institutions deliver weekly financial education workshops for adults. Topics include budgeting and setting financial goals; building, repairing and improving credit; predatory lending; saving for major life events, and more.
Coaching & Practice
Case Managers certified in consumer credit coaching meet with families one-on-one to review their progress toward financial goals. Our Case Managers press families to practice lessons learned, while creating a safe space for families to talk about challenges.
Asset Building
We offer families an in-house savings plan, with a dollar-for-dollar match available on all savings up to the match cap. We encourage families to connect with mainstream financial institutions and refer them to free or low-cost community financial products and services.
Our shelter-based program provides families with a solid foundation in financial literacy. We continue to offer comprehensive support for up to twenty-four months to families who successfully complete our shelter program and enroll in our Bridges AfterCare program.
Our ultimate aim is to equip families with the financial knowledge and resources they need to achieve lasting financial stability and overcome homelessness.