Income

United Way funds programs that teach individuals and families the skills they need to increase income, build savings, and gain assets. These programs enable clients to become self sufficient and meet their basic needs. 

Financial Stability Initiative: 

Issue: Financial Education
The inability for many of Waukesha County’s citizens to meet their basic needs affects the entire community. 16.4 percent of the population is considered low income or working poor. United Way in Waukesha County is addressing this issue by focusing on teaching hardworking families and individuals struggling to meet their basic needs the skills they need to increase income, build savings, and gain assets.

Strategies for Success:
• Intensive one-on-one case management to teach budgeting skills and develop short and long-term goals.
• Build and increase savings and credit through financial literacy seminars, educational materials, and workshops.
• Increase employability and develop a dependable workforce utilizing career counselors and classroom training.
• Utilize learned skills to increase total income and acquire essentials, such as cars, homes, and insurance.

2023 Long-Term Results:
• Reduce by 85% (610 of 717 targeted clients) the number of working poor of targeted families (150 -200% of the poverty level; average income $40,000 for a family of four*).

Current Results:
• 94% of clients who participated in one-on-one coaching programs increased their budgeting skills.
• 93% of clients increased knowledge of skills development needed for enhanced employment opportunities.
 
*References:
1. U.S. Census Bureau 2007-2011 American Community Survey
2. Centers for Medicare & Medicaid Services, 2013 Poverty Guidelines


Financial Stability Partners: 

Associated Bank
Bank of England
Educators’ Credit Union
First Federal Bank
Housing Resources, Inc. 
Kershek Law Offices
La Casa de Esperanza
Miller & Miller (Law Firm)
Modern Woodmen of America
Northwestern Mutual
TCF Bank
Town Bank
US Bank
Waukesha State Bank
Wisconsin Women’s Business Initiative Corp.
 


Committee Responsible: 
Developing Self-Reliance 


Learn More
Financial Stability Fact Sheet 

Financial Stability Poster