Politics & Government
Oakland County Launches Free Financial Coaching Program
Officials said the program is meant to help those affected during the coronavirus pandemic.
OAKLAND COUNTY, MI — A partnership of three Oakland County groups aims to assist people affected financially during the coronavirus pandemic.
Oakland County and Oakland County Michigan Works! on Monday announced a partnership with the Oakland Livingston Human Service Agency to provide free, confidential financial coaching to county residents impacted during the coronavirus pandemic.
Beginning Monday, trained financial coaches will work with residents to assess their financial wellness, identify realistic budget goals and solutions, and create customized action plans for them to follow. Coaches will remain in close contact to monitor customer progress and keep them on track to enhanced financial security.
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“Millions of people in our state impacted by COVID-19 have filed for unemployment over the past few months, including tens of thousands in our county,” Oakland County Executive David Coulter said in a statement. “We know this has led to financial concerns for many residents. The trained financial coaches are ready to help people establish budgets and make other choices to help stabilize their finances. I thank the Oakland County Board of Commissioners for approving the funding for this critical program.”
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To meet social distancing requirements, financial coaches will initially be available via phone and virtual appointment only. Interested residents can schedule an appointment at 1-248-858-5520 or their nearest Oakland County Michigan Works! location. Oakland County Michigan Works! service centers will resume in-person appointments sometime later this year.
Program participants will receive budget guides and other resource materials to track their progress. Financial coaches also will make referrals to additional county and community resources as needed. Virtual and in-person financial wellness workshops are being planned as well.
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“We’re very excited to be partnering with OLHSA to launch this important program during this time of uncertainty,” said Jennifer Llewellyn, director of Oakland County Michigan Works! “Their financial coaches will bring a wealth of knowledge to this program, as well as a portfolio of programming and partnerships that will help ensure client success.”
Five financial coaches will be available to meet with residents and are assigned to work with the teams at the Oakland County Michigan Works! service centers, as well as the Oakland County Community & Home Improvement Division.
“We’re pleased to be part of this financial recovery partnership with Oakland County and Oakland County Michigan Works!” said OLHSA Chief Executive Officer Susan Harding. “Securing financial health, along with providing access to asset development techniques and opportunities to be connected to vital services, is critical for community members impacted by the pandemic to fully recover. OLHSA’s financial coaches use a strengths-based approach that’s a supportive collaboration with residents to pave the way to achieve financial success.”
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