Money Week Houston commits to work collectively and creatively to leverage local opportunities and resources to advance financial literacy empowerment for every person in every community.
We Focus on “Financial Literacy Empowerment?”
Financial empowerment describes a set of approaches designed to help families with low-to-moderate incomes stabilize their financial lives. Financial empowerment programs promote increasing income by decreasing expenses, reducing debt and encouraging savings. Money Week Houston supports resources that help people manage their money and avoid bad debt, creating real strategies for saving and asset building, and ensuring that everyone can access appropriate financial products and services, financial empowerment initiatives provide practical solutions which create real change in the lives of working families.
Core Values:
1) Individuals with low and moderate incomes face real obstacles to achieving financial security for themselves and their families.
It is expensive to be poor. Too many families work too hard just to get by, too many pay too much for too little; too few have real opportunities to get ahead. Obstacles to financial security include higher costs for basic financial services, difficulty in securing safe and low-cost credit, limited access to useful financial information.
2). Obstacles must be addressed and broken down so families have more accessible and better pathways to financial stability.
Individuals and families need better access to appropriate financial products and services so they can grow their wealth and create a more secure future for themselves and their families.
3). Community and neighborhood partnerships are uniquely poised to break down these barriers and actually create such opportunities.
Because of the multifaceted relationships with the diverse array of community stakeholders, their ability to connect those stakeholders and the public, and their grassroots appeal, community and neighborhood organizations can take concrete steps to help substantially improve the financial health of individuals they reach.