Housing Stability Resources. Economic Wellness. Equitable Housing Development.
Housing Stability Resources. Economic Wellness. Equitable Housing Development.
According to the Federal Reserve, 40% of Americans lack $400 in savings for unforeseen emergencies.
Meanwhile, a Bankrate survey reveals that over half of US adults (57%) feel uneasy about their current emergency savings situation, with 22% having no emergency savings at all.
Our program aims to achieve multiple objectives, including building emergency savings to address unexpected expenses, improving participants' credit scores, and enhancing their financial education. Participants are encouraged to save up to $600 over six months, with a 1:1 match provided.
Attendance at mandatory monthly workshops, each lasting one hour, ensures ongoing financial education. To remain eligible, participants must save $100 every month and maintain their savings.
1.Orientation/Financial Goal Setting
2. Budgeting/Savings
3. Credit/Debt
4. Buyer Awareness- Insurance/Home Buying
5. Invest in Your Health/Education/Small Businesses
6. Investing/Retirement
As of January 2024, our program has seen remarkable success with 120 graduates achieving a milestone of saving $1,000 each. This achievement not only highlights the dedication and commitment of our participants but also underscores the effectiveness of our structured savings and matching program.
It demonstrates that with consistent effort and support, individuals can significantly enhance their financial security and readiness to handle unexpected expenses.
The Financial Achievement Alumni Club graduates gathered to celebrate completing the FAC program and receiving their savings match. Lakeila, pictured in the center, shared, 'The Financial Achievement Club not only motivated me to build my savings, but it also allowed me to connect with these amazing women who share similar financial goals.'
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245 N Highland Ave NE, Ste 230-575
Atlanta, GA 30307
Partnering with United Way of Greater Atlanta, we're hosting FAFSA workshops and support sessions to help students get crucial financial aid. Help us spread the word!