
Financial Planning Services
At Family Help Inc., we understand that financial stability is one step of achieving long-term independence. To support our residents in their journey, we are proud to offer a comprehensive Financial Planning Service designed to help them save and manage their finances effectively.
How It Works
As part of our transitional housing program, residents are required to save a predetermined percentage of their income each month. These savings are deposited into a secured escrow account managed by Family Help Inc. This savings plan continues throughout their stay, ensuring that they consistently set aside funds for future use.
Building a Safety Net
When residents are ready to move out of our transitional housing, they will receive the total amount of money saved in their escrow account. This accumulated savings can be used for securing permanent housing, covering moving expenses, or addressing other essential needs as they transition to independent living. By the end of their stay, residents have built a financial safety net, giving them a stronger foundation for a stable and successful future.
Empowering Financial Stability
Our Financial Planning Service is more than just a savings program; it’s an integral part of our mission to empower residents with the skills and resources needed for financial stability. Through this program, residents learn the importance of consistent saving, budgeting, and financial planning. These valuable skills not only help them during their time at Family Help Inc. but also set them up for ongoing success after they move on to permanent housing.