Financial Literacy Resources

Jan 21, 2021 | UA News

Resource and post by Urban Alliance staff.

Navigating financial hardship can be difficult on its own, but doing it in a pandemic adds another layer of stress. For nearly a year, COVID-19 has had a significant financial impact on many households. A revised CT unemployment rate of 8.2% in November is notably higher than the national average of 6.7%. This means thousands faced unemployment, cut hours and pay, or lack of work during the quarantine. In response, Urban Alliance developed this handout highlighting programs in CT that build financial literacy skills and provide financial assistance.

Financial literacy is the ability to understand and effectively use various financial skills, including personal financial management, budgeting, and investing. These skills help a person stretch benefits and improve their financial situation. The programs included on this handout help people build financial literacy skills and improve a person’s financial situation.   

For general information about programs that help people, check out our Central CT Resource Guide.

financial literacy resource

central ct resource guide

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The staff at Urban Alliance are familiar with Pastor Frank because he is a regular attendee to many of the trainings Urban Alliance provides on subjects like domestic violence, addressing childhood trauma, and better counseling techniques. “That’s been so valuable to me to be able to bring that back, not only in my counseling but also in my teaching and preaching ministries, “ shared Termine.

Pastor Frank was also one of the original members of the Micah group, a group of pastors that meets at Urban Alliance to discuss and strategize about challenging issues that face the church today. One of those earlier discussions on justice, incarceration, and returning citizens was particularly memorable. “We all lamented the fact that these men and women were coming out of prison into our churches and just kind of being thrown there,” said Termine, “We could do better than this.” That discussion planted the seeds that eventually led to the creation of Second Chance Churches – an opportunity for churches to provide support and mentoring to returning citizens that continues today.

When we asked Pastor Frank what he would say to another church that was unaware of Urban Alliance, he said, “If you are looking to get out in the community and make a difference in the community, Urban Alliance is a super way to do it. We’re a small church … we can’t do everything. Urban Alliance is a pathway to get our people involved in ministries that are already doing it, doing it well, and just need extra volunteers.”

Pastor Frank Termine’s story embodies many things we are trying to accomplish at Urban Alliance: supporting organizations in the communities they serve with training, resources, and opportunities to make a difference. Pastors and non-profit leaders face a wide range of challenges and, therefore, need a wide range of help and resources. Your support can help turn stories of struggle into stories like you find at Calvary Church.

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