This state of affairs created an urgent need for a professional response that would assist the families in reclaiming their financial stability, prevent them from falling into crippling debt and reestablish their sense of control and security.
From this necessity the program for the promotion, aid and financial guidance for families on the northern border was created. This program provides tools and knowledge with personalized counseling, in a short and targeted 10-houre program per family. Our team members include professionals from the fields of economy, banking and finances, who provide professional guidance tailored to the specific needs of each family.
Program objectives:
Raising awareness to various important financial issues, the reinforcement and development of financial planning and decision-making skills, while emphasizing the prevention and reduction of high-risk financial behavior, namely debt and insolvency.
The program includes:
- Financial and qualitative mapping for each family.
- Assessment of the family’s current financial position and development of an initial action plan.
- Creating a detailed operating budget.
- Implementation of program with the guidance and support of a financial coach.
- Creating a long-term personal and family growth program.
