Bundled services move families to financial independence
IN THE DALLAS/FORT WORTH METRO AREA, one out of four households does not have sufficient assets to live for three months at the federal poverty level 
should they lose their main source of income. CFT brought the Working Families Success (WFS) model to Texas to move low-income families to financial independence. In the WFS model, nonprofits provide an integrated or “bundled” set of three core services to assist clients in improving financial management and building assets. WFS is not a stand-alone program but is integrated into a nonprofit’s existing programs, staffing and client base. Coaching is an integral component of service delivery to help clients set goals, develop plans and change behavior over time. Evaluation of the WFS model has shown that clients who receive bundled services are 3 to 4 times more likely to achieve a significant economic outcome (increased income, decreased debt, purchase of home/car, improved credit score, etc.).
