Stories

A New Budget Leads to a New Mindset for Akron Resident

After years of managing two households, multiple bank accounts, caring for her disabled husband and financially supporting two of her three adult children, Lynn was officially overwhelmed. “I was giving money out to them as well as trying to take care of my bills and it was becoming a challenge,” she said. Lynn took a part-time position in the gift shop at Akron Children’s Hospital to earn some extra income. Soon after she started, United Way of Summit & Medina hosted a one-hour seminar for employees to learn about the Financial Empowerment Center. Lynn recalls, “That initial meeting was profound for me. That was the start to getting my finances in order.”

The financial coaches talked about how they help local residents with their finances through United Way of Summit & Medina programs like one-on-one financial coaching, volunteer income tax assistance and Bank On. “Financial coaches can check your credit reports, help with student loans and basically any financial situation like applying for credit cards or paying off debt,” says Lynn. After learning she could make one-on-one financial coaching appointments for free, she started to see a coach regularly.

The Financial Empowerment Center helped Lynn create a budget she could stick to which has allowed her to pay off credit card bills, increase her credit score and even put some bills on autopay to better manage both households. Lynn says, “I’m in a better financial and mental state than when I first started going to the Financial Empowerment Center.”