Families Find Peace of Mind, Success With Financial Programs
Two years ago Catholic Charities of Northeast Kansas and Community America Credit Union Foundation came together with a common goal:
to help break the cycle of debt and end generational poverty. From that, Family Financial Transformations™, one of Catholic Charities’
financial education programs, was born.
It’s difficult to change what you don’t know and finances are no exception. Making wise financial decisions can be difficult if you’ve never been taught how to manage your income, create a budget or save for emergencies.
Family Financial Transformations™ is a 12-month program in which participants receive financial classroom instruction, budget counseling
to help guide them to long-term success.
One of the perks to the program is that is geared for the entire family. While the parent attends financial education classes, there is separate, ageappropriate instruction designed just for the kids. It truly is set up to educate the next generation about how money works and how to avoid unnecessary debt.
Statistically, the program has exceeded expectations. Over the past two years, 127 families have paid off $254,279.56 worth of debt and have successfully saved $38,883.30. These participants have also seen an increase in employment, income and healthcare coverage.
What statistics can’t convey is where emotions take over. Several participants report feeling the peace of mind in knowing they have a brighter financial future.
One couple even experienced a better home environment stating, “It’s had a big impact because we don’t fight about money anymore.”
To learn more about the program or how you can be a financial mentor, visit us online at:
catholiccharitiesks.org/financialeducation/
- Read the full online version of the February 2017 Hope Notes E-Newsletter
- Download and read the February 2017 2-page E-Newsletter in Adobe PDF format
