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Feature Story 

April 1, 2008

Goodwill Industries Helps the American Worker Get the Most From a Paycheck; Financial Literacy Programs Build Financial Stability

From Ascribe Newsfeed:

The personal savings rate in the United States was a negative 1 percent in 2006, according to the Department of Commerce, the worst showing in 73 years.

The negative rate means people spend all the money they have left after paying taxes - and then some.

For the thousands of low-income families who seek help from Goodwill, this trend could mean serious trouble if they don't have the savings to pay for their basic needs.

Local Goodwill agencies across the U.S. offer financial literacy programs that teach good financial habits, help people access the tax credits for which they are eligible, and offer strategies for asset accumulation and investment.

Using courses such as Goodwill's Good$ense curriculum, the programs aim to encourage savings by helping people manage their paychecks, improve budgeting skills and maximize their money.

"One of our goals is to put more money in the pockets of low-income individuals," says Kessinger.

Provides job training and employment services, job placement opportunities and post-employment support.

Strengthens communities and families by training people to become independent, tax-paying members of society.

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Read more from this post.



Posted on April 1, 2008 2:08 PM


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