Financial Stability is key to improving quality of life
A community's financial stability directly impacts their education and health. A hungry student does not learn as well, and a skipped doctor's visit can cause health problems in the future. Nearly one in five people in Denton County live at or below the federal poverty line; nearly a third do not make a livable wage.
For families walking a financial tightrope, unable to save for college, a home, or retirement, United Way of Denton County is here to help.
United Way of Denton County is engaged, along with more than 300 other United Ways and their local community partners in activities and initiatives to help build the financial stability of families in their communities. Keeping money in the local economy through these programs is good for families, small business, and the community as a whole.
Free Tax Help
When tax season arrives, volunteers with United Way of Denton County's Volunteer Income Tax Assistance (VITA) program dedicate themselves to preparing hundreds of tax returns for Denton County residents in need. With the help of many community partners, these IRS-certified volunteers return over a million dollars to our community and save our co-workers, neighbors, and friends hundreds of thousands of dollars in tax preparation fees.
Bank On Denton
Those in our community who are unbanked or underbanked are often forced to use alternative financial services such as check-cashing, high-interest lending, rent-to-own, or pawn shop services. To help our community, United Way of Denton County is establishing Bank On Denton, an initiative that will collaborate with banks and credit unions to reduce the obstacles preventing some community members from using the basic financial instruments that preserve, rather than deplete, their hard-earned money.
The Financial Stability Coalition is an alliance of community organizations dedicated to helping Denton County residents use their hard-earned money in a responsible, stable, and productive manner. Coalition members work together to increase financial literacy, banking knowledge, and budgeting skills in an effort to improve the financial health of our community.