Effectively managing finances is an imperative step in the Family Promise program to enable our families to achieve sustainable independence and obtain permanent housing.
Our New Beginnings financial literacy program is in partnership with Woodforest Bank to provide financial education and empowerment to our families. Woodforest has developed a finance curriculum specifically tailored to meet the needs of our families, that includes topics such as budgeting, saving, credit building, and minimizing debt. Attendance is required for families currently in our program and former families are encouraged to attend as well.
Families are also required to utilize the United Way's Financial Empowerment Center. The Financial Empowerment Center provides free, one-on-one financial coaching to assist families in acquiring the skills to budget and save money, access safe and affordable banking options, and improve credit scores.