Fairfax-based charity Our Daily Bread received a grant in the amount of $11,530 from United Way of the National Capital Area to expand and extend the reach of the organization’s Financial Literacy Program.
United Way officials presented the grant to Our Daily Bread and distributed grants to other Fairfax-Falls Church-based organizations at a meeting of the Fairfax County Board of Supervisors on January 8.
“Our financial literacy program teaches basic budgeting skills and other financial tools that clients can use to remain self-sufficient for the rest of their lives,” said Our Daily Bread Executive Director Lisa Whetzel. “Working families who are struggling to make ends meet need strong budgeting tools to make every dollar they have work for them. Financial education rounds out our emergency safety net services because it provides more than a band-aid in a time of crisis – it empowers people to take control of their finances and thus, their lives.”
While many of the programs at Our Daily Bread provide basic needs assistance to families in during a crisis, the Financial Literacy Programs teach basic budgeting skills that participants can use to regain their financial footing after a crisis and prepare for a stronger financial future. The organization’s Financial Literacy offerings include: one-on-one financial mentoring, a Matched Savings Program, free budgeting classes that are offered monthly at various locations in Fairfax County and are open to the public and one free meeting with a certified financial planner through the monthly Free Financial Clinic. Access to the mentoring and Matched Savings programs require a referral by a qualified social worker, but the budget classes and Free Financial Clinic require only a reservation.
Our Daily Bread needs volunteers from the community to serve as mentors and teach budget classes. Orientation and training is provided to all volunteers.
Click here to learn more about Our Daily Bread’s Financial Literacy Program.