Personal Financial Empowerment

Three in ten non-elderly California households struggle to make ends meet. Many would be better able to build assets if they had an increased understanding of the banking and credit systems and their options within these systems. Others would benefit from identifying their financial goals, better understanding their spending, budgeting, and getting support for making the changes needed to reach their goals. Prosperity Project offers programs in English and Spanish that help participants gain greater control of their finances.

 

MoneyWork$

 

MoneyWork$ is an intensive six-month “financial makeover” program through which families gain a greater understanding of their current financial situation, improve their financial management practices and develop a personal roadmap to self-sufficiency. The program increases participants’ understanding of the US financial system and ultimately aims at helping them achieve the behavioral change they have determined is needed to get out of debt, retain more of their assets and achieve their financial goals.

 

Besides weekly class sessions, participants engage in support group meetings and receive one-on-one financial counseling. Upon completion of all program requirements, participants receive a graduation certificate and a completion award—a deposit of from $100 to $150 into their savings account.

 

Opening Doors offers MoneyWork$ through its partnership with the Community Services Planning Council, and with support from United Way, Citibank, Rabobank, and Wells Fargo. We are currently seeking partners that share our vision of helping low income families attain their financial goals, and that wish to work together to extend MoneyWork$ beyond its initial funding.

 

Now enrolling for MoneyWork$ English and Spanish: Learn More.

 

Bank on Sacramento's Financial Seminars in Spanish

 

In cooperation with Bank on Sacramento and Wells Fargo, Opening Doors offers one-time two-hour seminars to the area’s Hispanic community. Topics include different types of checking accounts, savings and interest, and the truth behind credit.