NeighborWorks Works, a weekly newsletter highlighting community development
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Small emergency savings help secure long-term financial stability
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According to a NeighborWorks America survey, 30 percent of adults, or as many as 70 million people, say they have no emergency savings. Meanwhile, research from the Federal Reserve shows that having as little as $400 in the bank can make a difference when an unexpected expense such as a medical emergency, or a car or home repair occurs.

Through financial coaching services, many NeighborWorks organizations help individuals and families establish and sustain emergency savings accounts while working toward overall financial literacy.
NeighborWorks named top financial capability trainer
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As the financial coaching field evolves, The Center for Financial Security and Asset Funders Network conducted the second annual Financial Coaching Census to better understand the size, scope and character of the financial coaching field.

We are pleased to share that NeighborWorks America has been recognized as the top financial capability training provider. Check out the survey to understand the shifting needs of financial coaching for practitioners and clients.
Massachusetts group creates "one-stop shop" for financial stability
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NeighborWorks member The Neighborhood Developers noticed its clients needed a large range of services — more than the organization could provide on its own.

As a result, the nonprofit launched CONNECT to combine the services of five different agencies with a common goal of financial education.

Excerpted from NeighborWorks Works: Practical Solutions from America's Community Development Network.
Teaching New Hampshire children the importance of financial literacy
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You're never too young to begin learning about money management. NeighborWorks member AHEAD works with elementary school children to offer financial literacy lessons. The students then get to show off what they've learned during a workshop with their parents.

Nearly 40 students are now saving money on a regular basis and more than $2,000 has been deposited into student accounts.

Excerpted from NeighborWorks Works: Practical Solutions from America's Community Development Network.
A group of three children stand in front of a colorful table
A group of three children stand in front of a colorful table
A group of three children stand in front of a colorful table
A group of three children stand in front of a colorful table
A group of three children stand in front of a colorful table
A group of three children stand in front of a colorful table
A group of three children stand in front of a colorful table
If you would like to use any of the content above, please contact Racine Tucker-Hamilton.
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