Financial Counseling Expands to Meet Growing Needs of Davidson County Residents
Nashville Financial Empowerment Center Offers Free, Virtual, One-on-One Financial Counseling
The Nashville Financial Empowerment Center is expanding to meet the growing financial needs of Davidson County residents as a part of Nashville’s coordinated COVID-19 response. The Financial Empowerment Center now offers services entirely virtually and is adding additional staff to meet demand, made possible by a grant from the Cities for Financial Empowerment—a national organization that helps cities across the U.S. embed financial empowerment programs within their local governments.
“The COVID-19 public health crisis has strained finances for many Nashvillians,” said Mayor John Cooper. “If you have questions about how to manage your budget during this time of historic challenge, or if you just want an objective review of your financial picture, do not hesitate to reach out to the Financial Empowerment Center for help. This service is free to all residents of Nashville and Davidson County”
A partnership between United Way of Greater Nashville and the Mayor’s Office since 2013, the Financial Empowerment Center has offered free, one-on-one professional financial counseling to help clients manage bills, work through debt, establish and improve credit, create a budget, open a bank account and save for the future—available via phone or video.
“You may have been hit hard by the economic fallout of COVID-19. You may have chronic financial issues. Or, you may just want to know you are on the right track,” said Samantha Williams, Financial Empowerment Center manager. “No matter your income level or financial situation, the FEC is here for you. It isn’t always easy, but our professionally trained counselors are here to help you find the way forward.”
Over the last seven years, 8,000 Nashville clients have decreased their debt by $15.3 million dollars and increased their savings by $3 million.
To schedule a free virtual financial counseling session, visit fec.nashville.gov or call 615-748-3620. The FEC does not provide direct financial assistance. For help with basic needs, such as food, shelter and emergency aid, call United Way’s 211 Helpline.
About United Way of Greater Nashville
At United Way, we unite the community and mobilize resources so that every child, individual and family thrives. Together, we are working to create a community where every child receives a quality education, no one lives in poverty or poor health, and the most basic needs of our families are met. We are uniquely positioned to the lead this fight by bringing individuals, businesses, nonprofits and government to the table to have the tough conversations, mobilize the resources and make the smart investments that will create lasting solutions for our region’s most pressing issues. For more information, visit unitedwaynashville.org and follow us on social media @UWNashville.