Financial Literacy Available Thanks to Grant

Published 03/13 2014 04:51PM

Updated 03/13 2014 04:54PM

March 13, 2014 - United Way of Erie County has awarded a three-year $247,350 (total) Income Impact grant to St. Martin Center, Inc., International Institute of Erie and Catholic Charities Counseling and Adoption Services for a collaborative project.

The three agencies will partner to provide Financial Literacy Counseling to any interested individuals in the Erie community. The program will consist of three “tiers” designed to address varying beginning stages of financial knowledge. The ultimate program goal is to have families and individuals experience greater financial stability by achieving a decrease in debt, a decrease in dependency upon financial assistance programs, and an increase in savings.

Catholic Charities Counseling and Adoption Services and International Institute of Erie currently work predominantly with Limited English-Speaking populations, while all three agencies have financial literacy counseling experience and currently conduct classes. Additional partners include Northwest Savings Bank and Widget Financial.

This is a very exciting award as it brings together three agencies currently providing financial literacy counseling to small groups and allows them to expand services to impact a larger group of families and individuals, ultimately guiding them toward financial stability.

For more information about the program, including how to become involved, please contact one of the participating agencies.

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