TERRE HAUTE, Indiana (WTWO/WAWV) — United Way of the Wabash Valley has announced a new grant opportunity to help people improve their money management skills.
This is the Financial Skills in the Workplace Grant and was developed by the United Way Financial Management Impact Council. The Council promotes financial coaching and revenue management throughout its six-county service area. Improving financial management skills is an important step in breaking the cycle of poverty and achieving the bold goal of lifting 10,000 families out of poverty and back to stability.
The group is looking for local businesses to partner with to provide financial literacy training to their employees. The course is called “Financial Skills at Work”. Applicant organizations will work with one or more employer partners to provide hands-on, incentivized financial literacy training to their employees.
The goal of the program is to expand the ability of all participants to understand and properly apply financial management skills such as family budgeting skills, encouraging ongoing savings to help them in difficult situations. emergency and retirement savings, as well as to reduce the need to seek high-cost loans. alternatives (credit cards and payday loans) for unforeseen needs.
$100,000 is available in grants. Organizations interested in applying must submit a “letter of intent” package by April 4 and must attend an information meeting on March 25.
More information about the program and how to apply can is here.