FINANCIALLY EMPOWER 11,000 PEOPLE
Though they earn an income between 100 and 200 percent of the federal poverty level, the working poor often struggle to afford basic necessities. Often living paycheck to paycheck, their families may be just one misfortune – say, a medical emergency or car accident – away from financial ruin.
2017 baseline: more than 42,000 Akron residents were considered to be “working poor.”
2019: 1,226 Summit County residents are on the path to financial empowerment. FEC clients have had 2,449 financial coaching sessions, growing savings by $458,984 and cutting debt by $731,977. Volunteer Income Tax Assistance (VITA) tax returns generated $3,517,531 in refunds and savings to clients.
Financial empowerment matters because it strengthens the community. When families have healthy banking relationships, access to financial resources, and the skills to budget and save, they are better able to weather the demands of daily life. That means more stable neighborhoods, children with fewer distractions from school and more people with the power to invest in their own communities.
How can YOU support Bold Goal 3?
You can attend a Bridges Summit County Workshop.
Because it takes people from all sectors and economic classes to work together to move the needle on generational poverty in Summit County.
You can become a Volunteer Income Tax Assistance (VITA) volunteer.
Dedicated volunteers are needed to provide free tax preparation services to people with limited incomes.
You can spread the word about free financial counseling through the Financial Empowerment Center.
Professional financial counseling can tangibly improve financial stability and support individuals and families in achieving their personal and financial goals.
You can promote Bank On Rubber City or Bank On certified accounts.
You – along with others in your company – can participate in one of the many volunteer events provided through United Way’s year-long Engagement Calendar.
Our volunteer engagement events provide hands-on experiences through meaningful projects that support United Way’s Bold Goals.
You can engage in public policy advocacy as a powerful way to make a difference.
Learn more about and take action on community issues that are essential to the success of the Bold Goals.