By 2017, the number of households that are financially
self-sufficient in our region of Amador, El Dorado, Placer,
Sacramento and Yolo counties will increase by 10 percent.
The Facts:
25 percent of our region’s households are below the
self-sufficiency standard.
55 percent of people below this standard have a high school
diploma or never graduated.
30 percent of the region’s households are unbanked or
underbanked.
Children in financially challenged households are twice as
likely to repeat a grade.
Half of former foster youth experience at least one of these
hardships: inability to pay rent or utilities, gas or electricity
shut off, phone disconnected or eviction.
United Way’s Project
$en$e-Ability is working to ensure low-income households are
financially literate so they can meet their current obligations
and maximize longer-term financial well-being. Through better
financial education and follow-up support, these households will
rise to the self-sufficiency standard. As part of $en$e-Ability,
United Way’s Women in Philanthropy is supporting work with
foster youth to increase self-sufficiency through Individual
Development Accounts, bank accounts that provide a 2:1 match for
every dollar a foster youth saves.
United Way’s Partners:
Amador-Tuolumne Community Resources
Community Link
Women’s Empowerment
Yolo Family Resource Center
United Way’s Foster Youth Partners:
Amador-Tuolumne Community Resources
Child Abuse Prevention Council of Sacramento
Koinonia Family Services
New Morning Youth and Family Services
If you are interested in joining the group of volunteers on the
Income Impact Council that oversee this project, contact
impact@uwccr.org.
The volunteers on the Income Impact Council will
administer a multi-pronged approach of workforce development,
financial education and asset development to empower working
families with the tools to become economically
self-sufficient.
With debt, foreclosures, unemployment and other costs on the
rise, low-income families are falling behind financially—and
fast. To help bring some relief during the upcoming tax season,
the Sacramento Coalition for Working Families (SCWF) is
recruiting volunteers to help bring free tax and financial
services to families who need them most through it Volunteers in
Tax Assistance (VITA) Program.
For this week’s blog, I thought I would do something different. I
have decided to have a guest blogger, my son Josh. Josh is 10
years old and he participated in last months ‘Live United”
launch. So I asked him to write this weeks blog on how he Lives
United.
