Financial Stability 

Finacial Stability image 

Economic skills, financial literacy, the ability to grow assets—all of these are important to the well-being of individuals and their families. They help people avoid unmanageable debt, create plans to reduce existing debt and learn how to use credit responsibly.


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tactics for giving to improve financial stability
  • Support nonprofit organizations offering financial counseling and debt reduction programs to youth and low-income adults
  • Support organizations offering matched savings accounts for low-income families
  • Support organizations that help low-income individuals move toward first-time home ownership
  • Fund public education campaigns that raise awareness of predatory lending, credit unions and financial options
The Seattle Foundation evaluated organization
Predatory lending and check cashing practices cost Seattle families and communities almost $22 million annually.
Success Story
Promoting Self-sufficiency to Make a Permanent, Positive Change
Hopelink serves homeless and low-income families, children, seniors and people with disabilities. With a wide range of services focused on promoting self-sufficiency, Hopelink can help with rent, emergency financial assistance, access to benefits, tax preparation and more. These services are aimed at helping individuals regain financial stability and make a permanent, positive change in their lives.
Stay Informed:

Great Recession Hit Hard at America's Working Poor
According to this December 2010 report, there were more than 10 million low-income working families in the United States in 2009, an increase of nearly a quarter million from the previous year.
Building Security in America's Cities
Research released by the Corporation for Enterprise Development (CFED) highlights local governments as new and powerful players in creating opportunities for financial stability for individuals and families.
The Great Recession: Taking Stock of Jobs Gained, Jobs Lost
Washington State added 1,100 jobs in March 2011, while statewide unemployment crept up fo 9.2% from 9.1% in February, likely the result of more people entering the labor market who had previously stopped looking for work.
Reducing Student Poverty in the Classroom
This Center for American Progress report presents examples of successful antipoverty strategies in schools across the country and urges policymakers to realize the positive impact that school-based antipoverty programs could have on the education and well-being of low-income children across the United States.
Jump$tart Washington
Jump$tart Washington is a nonprofit coalition created to promote the need for financial education in Washington State.
Want to know more about this issue or how to make an impact?
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