Building financial independence

While each local office has different requirements, we believe coaching builds a strong foundation for a brighter future. Even for those who feel they have a good understanding of financial management, there is always more to learn.

Each local office handles their coaching opportunities differently. Future homeowners will be provided with this information and much more during their journey, but you can contact your local Habitat for more specific information.

Kandace Diggs, Salt Lake Valley Habitat’s family services coordinator, offers one example of how future homeowners engage in the process: “In pre-purchase classes, they go through credit building, checking, savings, money market accounts, loans, and they also have estate planning and wills,” she says.

“When we sit down, the very first class, we have them create a budget and list all of their outgoing payments and all of their incoming money each month, so that they can get hands-on and actually see what’s going on. We talk to them through the whole process.”

During these learning opportunities, we cover topics such as Habitat mortgages and credit reports, working with each homeowner to help with budgeting, credit cards, debts and loans, saving, investing and planning for the future and potential emergency situations.

Financial coaching facilitated by housing experts like Habitat can help families and individuals on the path to financial independence. We can help empower people to reach their financial goals, increase savings and secure financial stability.