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Financial Wellness
Our financial wellness services are designed to help residents navigate the stress and circumstances of financial insecurity. Family Services uses a holistic approach to work with residents on improving financial well-being, and working with them to develop a growth-mindset and empower them to get to a place of stability through financial assessment, counseling, and mobilizing of available financial resources.
Financial Wellness involves the process of learning how to successfully manage financial expenses. Money plays a critical role in our lives and not having enough of it impacts our physical and emotional health, relationships, work and academic performance-our overall sense of well-being. Niles Family Services Financial Wellness Program strives to provide a holistic approach to financial well-being, supporting our clients to become empowered to manage their financial concerns and challenges more effectively and successfully.
Services include a comprehensive assessment of the individual’s financial and psycho-social circumstances, strategic plan development as well as financial education, and, when based on established criteria, emergency financial support. Provision of emergency funds must be able to demonstrate resolution of the financial crisis situation the resident is experiencing. Residents must make application for these services and are not guaranteed support in the form of financial assistance. All applications are subject to review. Successful applicants may only be disbursed funds on an emergency basis, and one time in an 18 month period.
In addition, NFS provides resources and referrals to a variety of partner organizations. The following agencies provide a range of services, including financial wellness services, linkage to housing resources and food pantries. For more information on our Financial Wellness Program, please call the NFS office at (847) 588-8460 to speak with Financial Case Manager Dana Friedman-Graham.