Photo: Michelle Henderson | Unsplash
The Financial Empowerment Center (FEC) is a partnership between the City of Tulsa, Oklahoma, and Goodwill Industries. Since the Center opened in December 2020, the FEC has worked with more than 1,300 clients. There are currently 639 active clients working with counselors on their financial goals. Of those, 21 percent of the clients have achieved at least one of their stated goals. Overall, clients with the Financial Empowerment in Tulsa have increased their savings by $241,864 and decreased debt by $646,499. “I think having financially stable and resilient residents and a community is so important,” she says. “It affects all of us. If our neighbors are able to thrive and grow and be financially secure, it’s better for all of us, because then a more financially stable, financially secure Tulsan is reinvesting in their community,” said Janae Bradford, director of the City of Tulsa’s Office for Financial Empowerment and Community Wealth.
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