Nadine heard of Budget Buddies during a presentation for Habitat for Humanity applicants. While in our program, she learned how to live on a budget, prepare for the costs of purchasing and owning a home, manage her money more wisely, and talk to creditors. Impressed with her progress, Habitat accepted her application. She used her time with Budget Buddies to fulfill some of the 225 hours of “sweat” equity that Habitat requires. Nadine and her coach continue to work together as she settles into her new house.
At 17, Amelia was pregnant and living on her own. When she joined Budget Buddies, her son was eight, and Amelia, a recent college grad, had a new job. She also had student loans and credit card debt, but no savings. After she and her coach created a budget that would help with debt management while building her savings, Amelia was in a car accident. Working together, Amelia and her coach figured out how she could replace her car while continuing to improve her credit.
Mary found Budget Buddies through a new program with the Massachusetts Department of Developmental Services (DDS) that was designed for adults with developmental disabilities. Each week, Mary and her coach reviewed her receipts to decide whether a purchase was a “want” or a “need.” Realizing how important this lesson was, Mary proudly shared it with her many nieces, nephews, grandnieces, and grandnephews.
Also: Read how Budget Buddies helped a Lowell woman and her daughter move out of a shelter and into their own apartment. [click here]
(Photos courtesy Jeanne D’Arc Credit Union)