Financial Wellness Services help families manage their financial lives by learning skills to set financial goals, manage time, prioritize needs and budget properly. Through private and public funds, CCI supports individuals and families in saving money for key long-term assets, such as home ownership and education, with a goal of helping families become financially stable and secure.
Individual Development Accounts (IDAs) are matched savings accounts which assist people with modest means to save towards post-secondary education. Post-secondary education can help individuals who are low-income build safety nets for their families and provide better opportunities for upward mobility and prosperity across socioeconomic classes. IDAs match the deposits of participants into special savings accounts; savers receive a 8:1 match for every dollar saved. Participants can use their savings and match money to further their education or job training.