Economic Resilience Initiative
Building financial security for women and families in our community through classes, coaching, and training for service providers.
What We Offer
- Money Mechanics workshop
- Hope & Power for your Personal Finances classes
- Esperanza y Poder para tus Finanzas Personales
- One-on-one financial coaching
- Financial training for DV advocates
- Community resources and partners
Money Mechanics workshop
Free workshop for anyone who feels like their finances could use a tune-up, especially people who are low-income, unemployed, currently or recently homeless.
Over four sessions, learn new skills and gain a new understanding of your finances, including:
- Unmasking the mysteries of credit
- Debt management
- Budgeting and banking
- Goal setting
- Saving and investing
To enroll or learn about Money Mechanics, contact Constance Francis (425.264.1416). Food and child care are provided; transportation assistance is available on request.
This workshop is funded by the Washington State Department of Financial Institutions and BECU.
Hope & Power for Your Personal Finances classes
Abusers often use finances to maintain power over their partner, and worries about money are one of the main reasons women feel trapped in abusive relationships or return to their abusers.
This ten-week class supports survivors of domestic violence to become financially independent and build confidence in their own skills. Topics covered include:
- Safety planning and goal setting
- Budgeting and savings
- Checking and bank accounts
- Credit reports and scores
- Avoiding predatory lenders
- Taxes and legal issues
- Protecting yourself with insurance
- Housing, education, employment
To enroll or learn more about Hope & Power, please contact Carmen Flores (425.264.1426). Classes are offered at a confidential location in South King County; child care and transportation assistance are provided.
This program is made possible by a grant from the FINRA Investor Education Foundation and the Paul G. Allen Family Foundation.
Esperanza y Poder para tus Finanzas Personales
Las clases de “Esperanza y Poder” son para aprender cómo manejar las finanzas para mujeres que han tenido una relación abusiva. Muchos abusadores usan el dinero como una manera de controlar a su pareja. Nuestra meta en la clase es apoyar mujeres para que sean más independientes económicamente y que tengan más auto-estima y confianza en sus propias capacidades.
Ofrecemos las clases junto con el Plaza Bank en un lugar confidencial en el área sur de Seattle. Tenemos cuidado de los niños y ayudamos con tarjetas para gasolina o tiquetes de bus. Los temas de las clases son:
- Logrando metas
- Abuso económico y planificación para la seguridad
- Los presupuestos
- Ahorrando dinero
- Cuentas de cheques
- Reporte de crédito y puntuación de crédito
- Asuntos legales familiares y de la inmigración
Para más información, llame Carmen Flores (425.264.1426).
Need help setting financial goals and creating an action plan to reach them? One-on-one financial coaching is available to anyone who has completed Money Mechanics or Hope & Power classes.
These coaches will not “fix” your finances or tell you what to do. They walk through the financial process with you and ask questions to help deepen your learning and spark action around your finances.
- Look at how your personal values match up with your financial habits; identify money “gremlins” that may be holding you back.
- Review your budgets or credit report; get referrals to other community resources.
- Make a single appointment or enroll for up to six months.
- Participants must have attended Money Mechanics or Hope & Power classes.
To enroll in financial coaching, please contact Hannah Haag (425.757.0439).
Training for domestic violence advocates
The Economic Resilience Initiative team also offers training to domestic violence advocates, to help them incorporate financial information into their work and connect them with asset-building community resources. Training offered incude:
- Full-day financial empowerment workshops for domestic violence advocates in King County.
- Shorter trainings and workshops are available, especially for agencies located in suburban areas or that serve specialized populations.
To request training for your organization, please contact Hannah Haag (425.757.0439).
In 2014/2015, the YWCA is also working with the following DV service providers to expand their capacity to provide financial empowerment programs to the survivors they serve: Abused Deaf Women’s’ Advocacy Services (ADWAS), Consejo, The DoVE Project, Lifewire, New Beginnings, Solid Ground Broadview Shelter and Financial Boot camp programs.
Community resources and partners
The YWCA partners with several community-based programs to help build financial stability throughout our region. These include:
It is the support of numerous businesses, organizations, and institutions in our community that make all of these programs possible. We thank all of these partners for promoting the economic empowerment of women and families!
Money Mechanics partners with: Seattle Financial Empowerment Center, American Financial Solutions, 1st Northwest Savings Bank, Key Bank, Re-Max, Alpine Mortgage Planning, Edward Jones, Evergreen Financial Services, and Waldel Reed.
Hope & Power classes rely on these financial institutions: Express Credit Union, Banner Bank, Plaza Bank, Bank of America, BECU and HomeStreet Bank.
Community partners: Allstate Insurance, American Financial Solutions, Bank on Seattle/King County, Clearpoint Credit Counseling, Crisis Clinic, El Centro de la Raza, Financial Empowerment Network of Seattle/King County, Green River Community College, Highline Community College, Jump$tart Coalition, King County Sexual Assault Resource Center, Sav-On Insurance, Seattle Education Access, Neighborhood House Financial Empowerment Centers, Solid Ground Tenant Services, United Way Free Tax Prep Campaign, Ventures, Washington State Coalition Against Domestic Violence, Washington State WorkSource, and Sexual Violence Legal Services-YWCA.
To become a partner or learn more, please contact Hannah Haag (425.757.0439).