WASHINGTON, April 24, 2020 /PRNewswire/ — Today, National Disability Institute (NDI) launched the Financial Resilience Center, a web based complete training and data hub for folks with disabilities and people with power well being situations. Provided without charge, info is organized underneath six useful resource areas: employment/unemployment, COVID-19 stimulus, cash administration, public advantages, housing/meals/healthcare and scams, with further emphasis on federal steering/coverage and community-based sources.
With help from the Wells Fargo Foundation, the objective of the Center is to advertise efficient monetary determination making and stability in response to the hostile financial penalties of the COVID-19 pandemic.
Key collaborators of the Center embrace LifeCents and the Association for Financial Counseling, Planning and Education® (AFCPE®). The LifeCents monetary well being platform supplies every participant with personalised steering, sources and referrals to companies related to that particular person’s scenario. Referrals to AFCPE professionals with disability-related counseling competencies can even be obtainable for these needing one-on-one counseling or teaching to assist assess their monetary scenario, consider trade-off choices and plan for any monetary challenges forward.
The COVID-19 pandemic has created a substantial amount of bodily, psychological and monetary uncertainty for a lot of within the U.S., significantly these with disabilities and power well being situations. In response, the Center will present correct and present info and sources, together with useful instruments, to extend monetary stability and scale back financial stress. The intent is to empower folks with disabilities to accumulate private finance data, enhance monetary habits and acquire the boldness wanted to navigate financial uncertainty now and sooner or later.
“For folks with disabilities, power well being situations and seniors, the quick and longer-term well being dangers of the COVID-19 pandemic are appreciable, exacerbated by financial situations that additional inflate monetary instability and insecurity,” mentioned Elizabeth Jennings, National Disability Institute Acting Executive Director. “The present circumstances – the inventory market losses, shrinking retirement belongings, misplaced wages from furloughs and layoffs and elevated healthcare and on a regular basis dwelling prices – are making a ‘good storm’ for particular person monetary stress. Now greater than ever, this financially fragile group wants entry to useful info and help to make good monetary choices.”
“This yr marks the 30th anniversary of the Americans with Disabilities Act (ADA) and, for generations, the incapacity rights motion has fought for equality and accessibility,” mentioned Kathy Martinez, head of Disability & Accessibility Strategy for Wells Fargo. “The Financial Resilience Center bridges the hole between monetary misery and accessible sources for folks with disabilities.”
“The COVID-19 pandemic has created a very risky and difficult financial atmosphere that has highlighted the acute monetary fragility of essentially the most susceptible populations,” mentioned LifeCents Founder and CEO Blake Allison. “Wells Fargo’s beneficiant help of the Financial Resilience Center is a a lot wanted treatment for folks with disabilities and power well being situations in these unprecedented occasions. We are impressed to be working in partnership with NDI, AFCPE and their unimaginable groups who’re bringing this a lot wanted useful resource to life.”
“At AFCPE, we imagine that each one folks – no matter earnings or background – deserve entry to the very best customary of economic steering,” mentioned Rebecca Wiggins, AFCPE Executive Director. “We are proud to accomplice with NDI on this necessary initiative and to supply folks with disabilities the chance to fulfill just about with a professional monetary counselor or coach. AFCPE licensed professionals have the rigorous training and expertise to have the ability to meet folks the place they’re, and assist navigate an individual’s particular scenario and distinctive wants.”
People with disabilities and power well being situations and their members of the family characterize a disproportionately excessive share of susceptible teams at elevated threat for extreme problems and demise from COVID-19. As a group, this inhabitants can also be extra prone to be unemployed, underemployed, socially remoted and with out emergency funds to fulfill quick monetary wants (lease, meals, requirements, and so forth.). The Financial Resilience Center affords a variety of companies – from info to training to counseling – to fulfill the distinctive wants of this inhabitants and their households.
Visit the Financial Resilience Center.
About National Disability Institute
National Disability Institute (NDI) is a nationwide nonprofit group devoted to constructing a greater monetary future for folks with disabilities and their households. The first nationwide group dedicated solely to championing financial empowerment, monetary training, asset growth and monetary stability for all individuals with disabilities, NDI impacts change by way of public training, coverage growth, coaching, technical help and modern initiatives. To be taught extra, go to www.nationaldisabilityinstitute.org. Engage with NDI on Facebook: @NationalDisability or observe NDI on Twitter: @NatDisability.
About Wells Fargo
Wells Fargo & Company (NYSE:WFC) is a diversified, community-based monetary companies firm with $1.98 trillion in belongings. Wells Fargo’s imaginative and prescient is to fulfill our clients’ monetary wants and assist them succeed financially. Founded in 1852 and headquartered in San Francisco, Wells Fargo supplies banking, funding and mortgage services and products, in addition to client and industrial finance, by way of 7,400 areas, greater than 13,000 ATMs, the web (wellsfargo.com) and cell banking, and has places of work in 31 nations and territories to help clients who conduct enterprise within the world financial system. With roughly 263,000 crew members, Wells Fargo serves one in three households in the United States. Wells Fargo & Company was ranked No. 29 on Fortune’s 2019 rankings of America’s largest companies. News, insights and views from Wells Fargo are additionally obtainable at Wells Fargo Stories.
LifeCents is a monetary wellness firm that empowers folks to accumulate the data, construct the habits and acquire the boldness they should make smarter on a regular basis choices. The LifeCents monetary wellness platform helps folks turn into financially conscious, savvy and engaged, which is of nice worth to companies and communities. For extra info on LifeCents, go to www.lifecents.com.
The Association for Financial Counseling and Planning Education® (AFCPE®) ensures the very best integrity of the monetary counseling occupation by certifying, connecting and supporting various professionals. Our complete certification packages characterize the gold customary for monetary counseling, teaching and training, together with the AFC® (Accredited Financial Counselor®) certification which is accredited by NCCA and nationally acknowledged by CFPB and Department of Defense. Visit www.afcpe.org for extra info.
Media Contact: Kathleen Brannigan, 917-647-4430, [email protected]
View authentic content material:http://www.prnewswire.com/news-releases/national-disability-institute-launches-covid-19-financial-resilience-center-to-provide-cost-free-financial-resources-for-people-with-disabilities-301046959.html
SOURCE National Disability Institute