Financial Coaching Leads to Long-Term Financial Stability
As American households struggle with new financial challenges, new, impactful solutions are needed to help these families become financially secure. This Policy Proposal focuses on Financial Coaching, a tool that offers a high impact service to households and increases their long-term financial security. Financial coaching has the ability to help millions of Americans facing financial insecurity due to circumstances such as loss of housing wealth, long-term unemployment, high levels of debt or poor credit. This Federal Policy Proposal includes recommendations to improve and expand this vital service to low- and moderate income families across the United States.