The Alliance Domestic Violence Shelter is enjoying another successful year of Allstate Foundation funding for the shelter’s Economic Empowerment Program. The program offers financial literacy classes, a matched saving program, and financial case management to victims of domestic violence.
Financial literacy classes focus on the basics of financial abuse, including creating and adhering to a budget, the importance of credit scores and how to repair bad credit, and the dangers of identity theft.
Once class time is complete, participants are encouraged to enroll in personalized financial case management meetings to set goals, get assistance to plan a budget, and begin working on fixing any credit problems. The Economic Empowerment Program also allows domestic violence survivors an opportunity to save money and have their contribution matched by funding from the Allstate Foundation.
By educating survivors on how to control and manage their own expenses and finances, they will be better able to protect themselves from financial abuse in the future.