Financial wellness in Phoenix, particularly within the Garfield district, faces significant challenges. According to recent studies, a substantial percentage of residents in this area struggle with financial insecurity, with over 40% reporting difficulty in meeting basic living expenses. Data indicates that nearly 30% of households in the Garfield district have limited access to banking services, making it harder to save and build wealth. Supporting the Garfield district is crucial, as improving financial literacy and access to resources can have a ripple effect, boosting the local economy and reducing poverty rates. By investing in financial wellness programs, we can empower individuals and families to achieve greater stability and prosperity.

To effectively support financial wellness in the Garfield district, several key programs areimplemented by casa CDC.

Financial literacy workshops discussing, budgeting, saving, and credit management.

Access to low-cost or free financial counseling services.

Microloan programs for small business development.

Job training and placement services to improve income opportunities.

Partnerships with local banks to provide financial education and access to banking services.