One-on-One Financial Coaching
Financial Coaching is a free service provided by trained volunteers who can work with you one-on-one to make sure you have the tools, resources, and encouragement you need reach your financial goals.
Financial Coaches can help you:
· Create a plan for reaching your financial goals
· Create a budget
· Find a bank account that is right for you
· Check your credit and create a plan for improving your score
· Create a plan to reduce your debt
· Deal with debts in collection
· Create a plan to save for the future or for emergencies
· Provide access to emergency assistance, credit building, and savings products to eligible participants
Financial Coaches CANNOT help you:
· Choose or open investment accounts
· Advise on or file for bankruptcy
HOW TO SIGN UP
or call our Prosper Centers at 737-717-4000
Financial Coaches are available by appointment only on weekdays, evenings, and Saturdays by phone or video call. Spanish-speaking coaches are available.
In order to support the efforts taken across Central Texas to limit the spread of COVID-19, the Prosper Centers are closed at this time. All Financial Coaching appointments are by phone or video call.
Prosper Center – North
5900 Airport Blvd.
Austin, TX 78752
Bus Routes: 7, 337, 350
Prosper Center – South
2900 S IH 35 Frontage Rd
Austin, TX 78704
Bus Routes: 300
FINANCIAL WELLNESS CLASSES
Financial Wellness Classes are led by experienced financial coaches at our Austin housing communities, Prosper Centers and online. The class topics include credit, debt, budgeting, and saving. Classes are interactive, allowing the instructor to tailor the class to the needs of participants.
August Financial Wellness Class (on Zoom)
Build your knowledge, skills, and resources so you can manage your finances with confidence. You will learn practical strategies for creating a livable budget, reducing your debt, improving your credit and more! Open to Foundation Communities residents and community members with a household income up to $55,000 per year.
Financially Recovering from a Disaster Webinar
When a disaster hits, it is time to get realistic and prioritize what is important to your household’s finances. In this webinar, we will review ways to be proactive, develop a plan of action, where to find help and ways to protect your money. Together we can take the first steps to rebuilding your financial future.
Money Smart Computer-Based Instruction (Including Financial Recovery Modules)
Self-paced modules, work on it any time
You can always participate in FDIC’s Money Smart Computer-Based Instruction from any computer or tablet. Topics include Banking, Spending Plans, Saving, Credit, Home Ownership, Protecting your money, Financial recovery, and more. Modules for youth are also available. Once you pass a module by scoring 80% or higher on the quiz questions, you can download or print your certificate of completion.
> Register for Money Smart Computer-Based Instruction here.
WHO IS ELIGIBLE?
Anyone who is working through a financial crisis is welcome to join our Financially Recovering from a Disaster Webinar.
Money Smart Computer-Based Instruction is open to anyone.
Financial Assistance for residents of Foundation Communities housing
Emergency rent and utility assistance is available to residents of Foundation Communities housing who are having temporary difficulty paying their rent or utility bills because of a recent job loss, serious illness, or other emergency.
WHO IS ELIGIBLE?
Emergency rent and utility assistance is only available to residents of Foundation Communities housing who have recently faced a financial emergency. A financial emergency is a situation that, if not addressed, could jeopardize your housing, health or employment. Some examples of an emergency are a job loss or a serious illness or injury.
Assistance with rent is NOT available if:
·You have received Emergency Rent Assistance from Foundation Communities in the last 12 months
·You have received Emergency Rent Assistance from Foundation Communities three times total
·Assistance with Austin Energy electric bills is NOT available if:
·You need help paying the deposit
·You are an employee of Foundation Communities
·You have been charged with meter tampering
·You have received Utility Assistance from Foundation Communities in the last 12 months
WHAT TO EXPECT
When applying for Emergency Assistance, you will be asked to:
·Create a budget that shows your current income and expenses
·Demonstrate that an emergency occurred, such as job loss, illness or injury, which caused you to need assistance
·Outline a plan for future self-sufficiency
·Provide a copy of your current Foundation Communities lease
·Provide a copy of your most recent utility bill (if applying for utility assistance)
HOW TO SIGN UP
You can schedule an appointment through an on-site staff member, such as a Property Manager, Resident Services Coordinator, Case Manager or Learning Center Coordinator.