congregation of Temple Beth Shalom on the East Side of Providence. The Corps, a partnership between Capital Good Fund and the office of General Treasurer Gina Raimondo, is all about financially empowering the residents of Rhode Island, and one of the ways we do that is by going out into the community and talking about financial topics in general and the Corps program in particular.
The 13 people in attendance and I talked about how the credit system works (and why it matters); tips and tricks for budgeting and building savings; how to avoid, or get out of, a debt trap; and the dangers of predatory services. What I enjoy most about these events is that they help people understand our complicated financial system; and Treasurer Raimondo and I share the belief that understanding the system means that families will navigate it in a way that serves their life goals.
In addition, attendees learned about the opportunity to receive a free session of Financial Coaching through the RI Financial Coaching Corps. This truly unique program connects financial service professionals with Rhode Islanders seeking assistance with creating a budget, building a savings plan, increasing their credit score and managing their debt. Nearly everyone on-hand signed up for a session, a trend that we've seen across the state.
As we continue to bring the Coaching Corps to hundreds of families, we are thrilled with the results, and so are the volunteer Coaches. You can see some of their stories below, and you can learn more about the Financial Coaching Corps by clicking here.
Corps Profile: Randy Sacilotto
Corps Profile: Farouk Niazy
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