In addition to the RI$E program, CSNDC offers free budget and debt counseling to those who need help with budgeting, money management, and credit issues. Certified counselors take the time to thoroughly understand the client’s needs and help the client develop an individualized action plan to achieve their financial goals. This includes:
- Assessing current financial situation
- Developing a realistic spending plan
- Establishing achievable financial goals
- Creating a personal action plan for success
The objective is to help individuals understand how their personal situation and preferences affect their financial decision-making and recognize the trade-offs inherent in every choice they make.
CSNDC also offers financial education to individuals. Operated in partnership with STRIVE, a Codman Square-based workforce re-entry program, our courses for re-entering citizens, low-skill laborers, and other low- and moderate-income people familiarize participants with tools and resources to reduce debt and increase assets. During the core four-week course, students receive 8 hours of group instruction and 2 hours of one-on-one coaching. This can include coaching on such topics as how to develop an action plan, clean up credit, avoid the check cashing industry, and goal setting, followed up through action plans and additional coaching and/or counseling sessions.