Economic Stability
Goal of the Dimension:
- All parents have adequate income or other financial means to provide for the basic needs of their children, including safe homes, good nutrition, clothing, healthcare and early child care.
Economically stable families have:
- a lower divorce rate
- a lower rate of domestic violence and abuse
- a lower likelihood of chronic illness
- children who are better prepared for school, who tend to stay in school and are more likely to go on to college
- children who are less likely to have children out of wedlock
Access to Public Benefits
It is important that you are receiving all benefits available to you. When your family is able to meet your monthly expenses, you are in a better position to pay off debt, save and plan for the future. Off-setting expenses through public benefits (such as food stamps and health insurance) can significantly boost monthly income. Click here to find out about benefits that might be available to you and your family.
Credit Repair and Debt Reduction
Rising levels of debt are negatively impacting households across the country. Debt reduction is directly linked to credit repair.
Consumer Credit Counseling Service, a nonprofit organization dedicated to financial wellness, can help whether you are seeking ways to regain financial control, qualify for a debt management program, or just need answers to your monetary questions. Counseling is available in person, by phone, or online for your convenience. Visit CCCS or call 800-741-7040 to make an appointment with a credit counselor.
Additional Resources:
Economic Opportunities Council of IRC
Complete a Whole Child Profile to access appropriate resources for your family!