BFC
The Building Financial Capability (BFC) programme helps people and whānau to improve their financial wealth and wellbeing and get control
The Grace Foundation offers safe shelter and holistic rehabilitation services that prepares marginalised people for reunification with family and supports sustainable lifestyle change.
Like NSBS, Grace believes in providing services that empower and assist all people, especially the marginalised members of our community, to live healthier lives. Often these people are unable to access the services and opportunities needed to survive and thrive in life.
Grace serves the homeless, single parents, children without parents, former prisoners and others who need support but struggle to find assistance.
The organisation provides key services in health, education, housing, life skills, fitness, bible studies, employment training and placement – and now financial literacy skills with NSBS mentors who will teach financial literacy, including budgeting, saving, digital banking, avoiding debt, and managing money so they are fully set up to live a healthy life.
A strategic partnership between the Grace Foundation and NSBS will see more vulnerable people in our communities receive the financial education and support they need and deserve to live healthy; more fulfilling lives. Together, the two organisations will serve more people in need and offer practical life skills to empower these vulnerable people on their next stage in their life journey.
When you increase your financial intelligence with a financial mentor, you increase your financial health and wellbeing, and the number of financial possibilities available to you.
The partnership between the Grace Foundation and NSBS will open possibilities and doors that previously were closed.
Clients of the Grace Foundation, including single parents, former prisoners, young people without parents or family, and homeless individuals, will all benefit from the vital services that NSBS offers.
For many of these vulnerable people, who have been shunned, marginalised and isolated from society, planning or budgeting for their financial future was never an option. Now it is.
NSBS mentors will provide long-term financial literacy knowledge and confidence, and in the short-term, a total money management service (also called BFC-Plus) specifically designed to assist vulnerable people in their journey to financial independence.
The TMM / BFC-Plus programme is a holistic, intensive support for vulnerable people and whānau who struggle to manage day-to-day money matters and need someone committed to making their financial decisions and paying their bills. The service helps to micromanage people’s finances to teach good financial habits and gradually transition accountability as skill and confidence grows.
NSBS BFC-Plus mentors will work with individuals to provide employment motivation, bill payments, daily money management, and all-round financial knowledge and independence.