Financial Empowerment | Jewish Family and Children’s Service of Greater Philadelphia
Financial Stability

Financial Empowerment

 

At JFCS we recognize that financial stress can continue even after a crisis has passed. We want to ensure clients feel confident that financial stability is within reach, even when money feels tight month after month. When finances feel confusing or overwhelming, it can be difficult to know where to start or how to make a change. JFCS is here to help provide clarity through the Financial Empowerment program.

 

What is Financial Empowerment?

Taking charge of your finances.

Financial empowerment is the process of learning about personal finances and practicing better financial habits. Being financially empowered means feeling in control of your money and confident about the financial decisions you make. Whether you make a lot of money or very little, it’s what you do with your money that truly matters.

 

Financial Empowerment at JFCS

Financial Coaching Model

The program follows a coaching model, which puts participants in the driver’s seat. You know your money best, and only you can decide what to do with your finances. The coaching process will help guide you towards realizing your best financial future and the steps you need to take to get there.

Learn how to manage your money, rather than feeling managed by it!

One-on-one sessions

Coaching sessions are free and are typically scheduled monthly. Participants are entitled to as many sessions as needed to reach their financial goals.

What if I’m bad at budgeting?

No problem! The financial coach will work with you at a pace you’re comfortable with and will help you implement the spending plan that’s right for your situation.

 

Financial Coaching

What are some things I might work on with a Financial Coach?

  • Define and set financial goals
  • Analyze expenses to uncover spending leaks
  • Develop a budget or spending plan
  • Start a savings plan
  • Create a debt repayment plan
  • Access and review credit report

What are the benefits of working with a Financial Coach?

  • Accountability partner
  • Safe space to discuss sensitive financial stressors
  • Can help uncover harmful financial behaviors or habits and provide tools to correct them
  • Turn financial dreams into realistic, achievable goals

 

Other Financial Information

Learn more about financial assistance for: