This summer, my daughter started her first job as a social worker in an inner city. I was proud of her selflessness but worried for her safety— someone was stabbed doing that job months earlier—and I was concerned about money: Social-work careers initially may not pay well.
Madison told me, “The money doesn’t matter. The system’s broke, Mom, and I want to help fix it.”
We’ve taught our daughters about budgets and banking. So I entrusted her to God’s care and stopped worrying, as long as she checks in with me every so often!
Did you know that 49% of Americans are “concerned, anxious and fearful” about their current financial well-being? A 2017 report listed on dept.com also said 19% of Americans have $0 saved to cover emergency expenses; 31% have less than $500 in emergency savings. New Beginnings serves a wide variety of clients, but all of them have difficulty managing money.
This is a taught skill, so we assign a financial mentor to all our clients. The volunteer mentors meet one-to-one every two weeks and talk about the kinds of things we taught our daughters—practical subjects like:
- opening a checking/savings account
- totaling receipts
- how to read bank statements
- credit: dealing with bad and establishing good
Sue is one of our prized volunteers, and a financial mentor for three clients—a male who recently graduated from our program named Karl now in aftercare, a single mom named Erica and a married couple, April and Marcos (pictured with Sue above).
Sue speaks with admiration about the people she mentors. Her eyes tear up as she thinks of their stories, full of challenges and obstacles. But Sue also talks about how blessed she feels to offer simple hope, using the skills God gave to her.
Isn’t it good to be part of the solution? We see the problem, eyes wide open, and we’re doing something about it for our hard-working neighbors.
Thanks for your part in creating new beginnings, every day. Let’s entrust our work to God, and keep on working.
Executive Vice President