Little formal education exists about money management. Often, we learn only from real-life experiences and consequences. The Center for Nonprofit Housing (CNH) recognized the need to improve financial literacy in Newaygo County and formed the Financial Empowerment Center (FEC) in 2015. We help people manage their finances, learn the basics of credit, create a sustainable household budget, and more. ANY resident of Newaygo County is eligible for coaching, counseling and educational sessions
Developing a Financial Plan
Many people struggle to make ends meeting every month. A CareerBuilder survey released in August 2017 reported that 78% of Americans, regardless of income, live paycheck to paycheck, and 56% save $100 or less a month. That means many will hurt in an emergency.
If you are struggling, you are not alone. CNH offers ongoing coaching and counseling to help you learn the skills and knowledge to master your money.