Financial Stability

Opportunities to succeed

United Way works to create stable financial futures for individuals and families. The solutions across this pathway provide Nashvillians opportunities to achieve long-term financial stability. United Way’s financial stability pathway strategically empowers people to solve their problems and work toward financial independence.

The Financial Stability Pathway

46,000 contacts to receive resource referrals in 2016
426% Average annual interest rate (APR) for payday lenders
15,000 individuals & families received $28M in tax refunds and tax prep savings in 2016
20% of Tennesseans who qualify for the IRS EITC fail to claim it
125 accounts opened in 2016
69% of Tennesseans have less than $1,000 in savings
1,200 clients achieved $2M in debt reduction in 2016
helping individuals increase their earning potential and foster long-term financial stability
Programs
Financial Empowerment Center
Financial Empowerment Center

The Financial Empowerment Center helps clients reduce debt and build assets through free 1-on-1 financial counseling.More Details

VITA
VITA

The VITA program provides free tax prep to those who earned less than $64,000 in 2016.More Details

Nashville Alliance for Financial Independence
Nashville Alliance for Financial Independence

NAFI is a network of organizations and community members that work with a goal of promoting financial health for others.More Details

2-1-1
2-1-1

Information and referral help line that provides resources to cover basic needs in times of crisis.More Details

Bank On Music City
Bank On Music City

Bank On Music City's mission is to connect individuals and families with safe and affordable bank accounts.More Details

Financial Stability Funded Programs
Financial Stability Funded Programs

United Way funds 29 partner agencies focused on financial stability.More Details