From saving, to earning, to paying forward

  For Benjamin Franklin, a penny saved was a penny earned. But for participants enrolled in the Catholic Charities Individual Development Account (IDA) program, a dollar saved is two dollars earned. The IDA initiative is a savings program for working, income-qualified individuals and families to build household assets and financial...

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Financial coach empowers individual growth

When Arlene McGuinness was referred to Catholic Charities’ financial coach, she expected to meet with someone who would help her make a budget. But her weekly meetings with Elishia Townsend ended up providing her with much more. “She helped me move forward,” McGuinness said. “It opened up the vision I...

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CCUSA: With Training and Resources, Immigrants Build Small Businesses and Self-Sufficiency

This article was published by Catholic Charities USA, the umbrella organization that unites and serves Catholic Charities agencies across the country. Owning a business can help immigrants build financial stability for their families, and while they have the skills, talents, and energy to contribute to a business, they lack the...

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Matched Savings Programs Makes Dreams Realities

Cory and Dana Smith sit snugly on their couch with their two children, Marley, aged 6, and Gavin, aged 4. Neither of them can believe they’re sitting in a living room they own, that they themselves have freshly painted. Cory is a cable technician and Dana is taking prerequisite classes...

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Individual-Focused Goal Setting with Financial Coach

During her first meeting with a new client, Financial Coach Elishia Townsend asks a simple question: “What do you want to do?” As Townsend explains it, this question encapsulates what makes financial coaching unique from other financial education services: everything comes down to the individual being served; their goals, their...

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Saving as a Young Adult

by Andy Zmuda, director, Asset Development Programs This article originally appeared in the April edition of our Year of the Family newsletter. To read the newsletter in its entirety, visit our Year of the Family homepage. You’re anywhere from 18 to 30 years old. You may still be in school...

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Preparing Taxes and Helping Others

Most high school students don’t look to the IRS to help them fulfill their service hour requirements . But if you’re a junior or senior at Bishop Eustace Preparatory School and it’s tax season, you can spend those hours preparing people’s tax returns. For the third consecutive year, through a...

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