“Following the birth of her baby, Kate* suffered from postnatal depression and was signed off work. Eight months later her marriage brokedown and she was referred to our CMA team for Debt Advice. With £14,000 of debt, including a large outstanding mortgage, she was anxious about the future.
We supported Kate in managing her money by writing to her creditors and creating a manageable payment plan enabling her to start paying off her debts. Through renegotiating her mortgage to be interest-free, and claiming some benefits, Kate could take back control of her life. The CMA team also made a request for her benefits to be backdated. Hope has returned!"
Faithworks CMA (Community Money Advice) supports individuals and families, in debt crisis, across urban Dorset. Financial poverty can impact on physical, mental and emotional health.
We work in partnership with Food Banks, Probation Services and the YMCA to provide Drop-Ins with access to Debt Advice and Budget Coaching services including -
- Youth Prevention: Alongside giving budgeting tools to every client, we also provide budgeting and management workshops in colleges and sixth forms.
- Crisis Support: In Addition to our debt advice service, we provide practical workshops to the YMCA and the Probation service. These sessions include: choices and responsibilities around money and preparing and living by a budget.
- Looking forward: We are piloting ‘real life’ money skills activities among young people and families through school assemblies, children centres and a lone parent families project. Our workshops will look at household budgeting, reducing food costs, paying bills, switching utility providers and priority expenditure.
Faithworks CMA are able to provide support during financial crisis, equipping people to deal with their debt and move on to a hope-filled future:
"When everything came crashing down, with no job and income, things couldn’t have been more hopeless. The (FW CMA) adviser was amazing! ...she helped us face the reality of our situation... She said that there was a way through all this, hope and a way back to a debt free future.
Four months later, our lives have totally turned around, thanks to the encouragement, practical support and advice. We still are working through the process to be totally debt free, but learning good money management has literally changed our lives!" - Carol