In order to make big gains in today's economy, savings and banking assets are crucial.
“This program has changed the way I look, assess and deal with situations in my life. I have been able to advance in my company, grow my savings like never before, and my family life has become so much better since I have been involved with this program.” – EMPath Participant
Financial Management gains in EMPath’s Career Family Opportunity program
- 71% of CFO participants increased their credit score from entry to exit with a 108 average point increase. Graduates of CFO have, on average, a credit score of 681, which is only 19 points below the Massachusetts average score of 6991.
Financial Management gains organization-wide–from emergency shelter to long-term support
- 62% of participants who did not have a budget at entry developed one before exiting
- 65% of participants started saving before exiting
- 67% of participants who did not have a bank account at the start of the program had one at exit