Surveys show that 60% of Americans do not have a household budget to manage their income or track their spending. Seeing this need in our own communities, UWWC launched the Financial Opportunity Center in 2012 with a community partnership of volunteer financial coaches, area banks, and local businesses to ultimately empower individuals and families toward financial independence and security.
The Financial Opportunity Center works to improve the financial literacy skills of low- to middle-income individuals and families in Northern Fairfield and Southern Litchfield Counties through access to resources such as workshops on important topics and strategies, like budgeting, savings and credit; and one-on-one coaching. Our additional ongoing efforts for this program include:
- Expanding the Financial Opportunity Center into other communities we serve.
- Expanding services to help families resolve credit issues, providing money management assistance, delivering information on benefits, education and job assistance, and offering free income tax filing services.
- Engaging more volunteers with financial proficiency to help their neighbors in need.
We are grateful to our generous individual donors and Financial Resource Center Community Partners for their support of this initiative:
Bank of America, City of Danbury, Fairfield County Bank, Newtown Savings Bank, Savings Bank of Danbury, Union Savings Bank, and Wells Fargo.