Scale Financial Empowerment Centers
- Copyright
- 2021
- Published Date
- 04/16/2021
- Published By
- Well Being In the Nation Network
Financial empowerment centers provide free financial education and counseling. This support is often done one-on-one. They give classes on money planning, reducing money owed, and improving credit. Low-income households often report more stress than high-income households. This stress can make it harder to plan ahead. Financial empowerment is not just about financial education. Counselors establish trusting, one-on-one relationships with clients to help them through tough times and with tough decisions. Financial empowerment centers help residents plan for their financial futures and build wealth.