The strong need for financial capability, particularly amongst residents of our Nation’s Capitol, has facilitated myriad responses from myriad organizations. CFEF believes that a powerful, multi-organizational approach is most effective. Therefore, when nationally recognized Wider Opportunities for Women (WOW) asked CFEF to join their programming, the organization jumped on the chance.
Wider Opportunities for Women (WOW) works nationally and in DC to build pathways to economic independence for America’s families, women, and girls. In addition, WOW has helped residents of the DC Metro Area move towards financial self-sufficiency with their free “Self-Sufficiency Calculator” tool. However, Sarah Gonzalez Bocinski, Program Associate with WOW, notes that, “[our organization] doesn’t really have expertise on financial issues, so to find this expertise…filled an important gap in our program.”
Conducting workshops on behalf of WOW at Planned Parenthood, Healthy Babies, and other programming locations across the city, “the financial literacy sessions…were a perfect complement to the more career and earnings-focused workshops offered by WOW,” Bocinski says. “Conversations around banking have continued among the groups long after the sessions took place.”
Educating on the basics of banking, credit, and savings, workshop attendees were often “so engaged” that “they wouldn’t let the [CFEF] representative leave until all their questions were answered, even though the building was ready to close for the evening,” Bocinski recalls. “It was wonderful to see… a complicated and scary topic [made accessible] and meaningful.”
One workshop participant reported in her feedback following the class: “They are doing a great job! It is truly helping me get back to where I need to be with my finances.” Thank you to WOW and Bank on DC for allowing CFEF the opportunity to empower DC residents!
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