Building Financial Security

We see financial security as one of the keystones that must be in place before individuals who are struggling can effectively address challenges like food security, housing security, or physical and mental health needs — and achieve stability and growth in their personal and professional lives.

The Problem

Life is unpredictable and, without sound financial planning, an unexpected injury or job loss can go from an unfortunate experience to a catastrophic event.

Learning financial strategies is an affordable, accessible solution that promotes the stability of individuals, families and future generations.

Our Approach

Across the nation, Catholic Charities agencies help people build the financial knowledge and assets they need to complete their journey out of poverty. Our agencies do that by:

  1. Working in local communities to host trainings and outreach efforts that educate those in need about sound financial management and security.

  2. Facilitating the creation of Individual Development Accounts (IDAs), offering job interview and resume classes, and helping the unbanked sign up for bank accounts, in many cases for the first time

Approach to Advocacy

At the national level, CCUSA advocates for measures that increase the availability of living-wage jobs and asset-building for low-income families, eliminate predatory lending, expand the Earned Income Tax Credit and Child Tax Credit, and ensure an adequate safety net to support those in crisis and those who are most vulnerable in our society.

Stay Informed, Show Your Support, Make An Impact

Get the weekly updates we send to our advocates while Congress is in session, and we’ll let you know when there’s an opportunity for your voice to make a difference.

We use the experience of member agencies that are working with families in need to advocate for policy changes.

The Impact

We’ve seen progress from member agencies who help low-income families acquire and grow their assets through financial education, financial coaching, housing counseling, income tax assistance, and microloans. In 2014, through the efforts of Catholic Charities we’ve seen:

  • 18,265 Full-Time/Client-Earned Job Placements

  • 99,000 Financial Education Clients

  • 59,000 Tax Returns Filed