Amy Cao | Program Associate | The Financial Clinic Financial technology, dubbed FinTech for short, continues to grow rapidly as an industry, revolutionizing the landscape of financial service delivery. We are witnessing the onset of a changing tide — powered by smarter technologies — to improve the way we manage money. Indeed, leaders of America’s largest banks and disruptive […]
Defunding a Pathway to the American Dream Mae Watson Grote | Founder and CEO | The Financial Clinic We learned on Monday that Congress has approved a budget that eliminates funding for Assets for Independence (AFI), a crucial government program that gives struggling low-income families the opportunity to achieve the American dream. As somebody who has […]
Haidee Cabusora | Chief Program Officer | The Financial Clinic Editor: Kristen McGuire | Development and Communications |The Financial Clinic Evidence-based impact. Third-party evaluation. Rigorous evidence. In the words of Billy Joel, the phrases fill you either with sadness or euphoria. Nonprofits sit on one side of the spectrum — all doing amazing and impactful work — but not […]
WorkBOOST’s premise is very straightforward: By building financial security, we are going to amplify your programs’ workforce outcomes. And, that’s not just a theory of change. What we are trying to do is make a business case about it. As Mae [Watson Grote] referred to earlier, we are seeing early evidence of increased participation, completion rates, hourly wages going up, and fabulous work by our partners.
Karen Goodheart | Assistant Director of Financial Coaching | The Financial Clinic You may hear the Imperial March in your head when you think of tax season, but fast forward — past the hassle of collecting your paperwork, struggling to keep your heart rate low as you triple check that everything is in order — to the moment when you […]
Through November, like many of you, we were feeling wary about how the election will impact the communities we care about. Working poor families will be hit hard if the federal resources that help them make ends meet are weakened or destroyed.
Going back to school is always filled with anticipation, excitement AND stress. Now, more than ever, stressors about handling the costs of an education are on par with academic challenges. The average 2016 college graduate has $37,172 in student loan debt, creating a burden that lasts long past the college years and often sidetracks important […]
Brittany Curtis Manager of Capacity Building Being an expert in the field of finance, although crucial, is not enough to be an effective financial coach. Financial coaching is a unique and complex endeavor. Today, financial coaches typically differ from financial educators and workshop facilitators because coaches cannot simply present financial security information to their customers and […]
Mae Watson Grote | Founder and Chief Executive Officer “If you work full time, you should not be poor” said President Bill Clinton in his 1993 State of the Union Address. But yet that is exactly where millions of Americans find themselves in 2016. Building financial security by navigating the gap between low-wage work and […]
Mae Watson Grote Founder &Chief Executive Officer The evidence is loud and clear. Real wages have barely grown for decades and with fewer middle class jobs available, prospects for the working poor are dim. Does that mean we’re casting low-wage workers and their families into lives of financial instability? Does it mean that because […]