Presbyterian Support Otago’s Family Works service was recently awarded a government contract to provide budgeting and financial literacy training at locations across Otago. The new service is called Building Financial Capability and is funded by the Ministry of Social Development.
We are working with current providers and are very excited by the opportunity to expand our budgeting advice and training service, reaching more people seeking this type of support. With the additional funding, Family Works will employ up to four experienced financial mentors in Dunedin, Central, North and South Otago.
The new service aims to help people identify their aspirations, develop a workable financial plan, including strategies to achieve their goals and reduce any immediate financial pressure. Through group training and financial mentors, the service will help people navigate local financial and social services, and learn from each other by sharing ideas and experiences. Participants will feel more capable and develop confidence to negotiate payment terms, where appropriate, to improve their financial situation in the short and longer term.
The Financial Capability service compliments our existing range of support services and we are looking forward to helping more people make lasting, positive change in their lives.