In One Moment For purposes of the simulation please use the - - PowerPoint PPT Presentation

In One Moment

• For purposes of the simulation please

use the following information:

• Each person is a family with two adults

and two children

• One adult in the household is working

full-time and the other is working part- time; both make minimum wage

• Your family has a limited budget and
• nly 15 candies to spend

Goal

Reduce the percentage of financially unstable families in Central Indiana to

Focus Community Metrics Program Metrics

Household spending >30% income

• n housing

Average family income Average per capita income Unemployment rate in Indianapolis- Carmel MSA

Jo b pla c e me nt 90 da y e mplo yme nt T

• ta l inc o me

Ne t wo rth Cre dit sc o re L iving wa g e E duc a tio n

• ppo rtunitie s

United Way seeks to improve the financial stability of low-income families in Central Indiana by enhancing a system of sustainable employment, income supports and educational attainment.

25%

Let’s talk about

2015 Federal Poverty Level Threshold, 100% FPL

Let’s talk about

$11,770 $24,250

Let’s talk about

Centers for Working Families

pa rtne r 2014

Bar r ie r s to financ ial stability

L imite d e mplo yme nt L

• w wa g e s, hig h Co L

E duc a tio n g a p L imite d a sse ts Suppo rts no t kno wn Une xpe c te d e xpe nse Pre da to ry e ntitie s Chro nic insta b ility

Multiple str ate gie s, no single solution

E mplo yme nt c o unse ling E duc a tio na l

• ppo rtunitie s

I nc o me suppo rts F ina nc ia l c o a c hing

De c e ntr alize d c ommunity str ate gie s No sha re d re se a rc h

• r re so urc e s

Ma ny e ntitie s, no full spe c trum o f suppo rt Outc o me s ma ximize d whe n se rvic e s b undle d

1. 2. 3.

Centers for Working Families

• Ac c e ss to pub lic b e ne fits

a nd o the r re so urc e s (fo o d pa ntry, re nt, utility a ssista nc e , e tc .) I nc o me Suppo rts Co a c hing :

• Jo b c o a c hing ,

inte rvie wing , re sume b uilding , tra ining , c e rtific a tio ns, e tc . E mplo yme nt Co a c hing :

• Ma na g e a b udg e t, re duc e

de b t, b uild c re dit, sa ve F ina nc ia l Co a c hing :

E ARN IT KE E P IT GROW IT

What Is a Two-Generation Approach? Two- generation approaches focus on creating opportunities for and addressing needs of both vulnerable children and their parents together.

The Two Generation Approach

United Way & the 2-Gen Approach