Throughout the pandemic, Great Lakes Community Action Partnership (GLCAP) has assisted thousands of area households facing COVID-19 related financial hardships. For GLCAP’s Financial Opportunity Center (FOC) staff, the pandemic highlighted the importance of saving for life emergencies.
“The pandemic was a catastrophic event that put many people in a financially difficult place,” FOC Specialist Corey Manns said.
“We were happy to be able to help people with housing, utilities, and other pandemic-related emergency expenses,” Manns said. “But for our Financial Opportunity Center staff, the pandemic also emphasized the importance of having an emergency fund that can be used in case of life events like illnesses, job loss, and other occurrences that may put a strain on household finances.”
Manns said FOC staff can help members develop a spending plan that allows them to increase their savings or create an emergency fund, “just in case.” The FOC can also assist clients with other financial counseling needs such as budgeting, improving credit scores, and developing savings. FOC staff also help clients by connecting them to education, training, and other workforce development resources, as well as linking clients to income supports provided by area social services and agencies.
For more information on the GLCAP Financial Opportunity Center, call 1-800-775-9767 or visit www.glcap.org/foc.