An Empowering Approach to Financial Stability

Financial education empowers people with the know-how, resources, and motivational support to make the most of their money. The Financial Coaching Corps program comprises a rigorous training program for older adult volunteers (aged 55 and up) who work at community-based agencies to support the financial stability of low-income clients.  Through one-on-one sessions, the financial coaches provide tools and skills that build clients’ confidence in money management. 

Become a Financial Coach

In 2011, the Financial Coaching Corps volunteers assisted 822 clients, of which, most are facing a financial problem or crisis due to lack of income—more than half of our clients have an annual income below $20,000, and 48 percent are unemployed. Volunteer coaches work one-on-one with clients to help them overcome financial difficulties and develop positive financial skills, including:

  • Improving credit by obtaining, reviewing and repairing credit reports;
  • Using formal banking services and avoiding fringe services;
  • Reducing debt by developing a debt management plan;
  • Creating and using budgets to manage finances;
  • Increasing savings to build assets;
  • Applying for public benefits. 

Interested volunteers who are at least 55 years old are encouraged to submit an online application.  If selected for the program, individuals must successfully complete the training and pass an open book exam. See our volunteer description for more information, or download our FCC fact sheet (PDF).

Build Your Program’s Capacity—Partner with the Financial Coaching Corps

Our highly-trained Financial Coaches work on-site at community-based organizations throughout New York City for a minimum of one day per week.  If your organization serves low-income adults or youth, contact us to learn more about how we can help your clients increase their financial security and pave the way to a better future. 

Interested agencies can also review our site requirements here.

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Community Service Society of New York is a registered 501(c)3.  EIN: 13-5562202