NSBS is one of the only providers in New Zealand of both the Building Financial Capability (BFC) and Building Financial Capability-Plus (also called Total Money Management) programmes. As such, the Government has invited NSBS CEO, Drew Glucina, to join the Review Board Panel into the BFC-Plus service to discuss its impact and future, held by the Ministry of Social Development.

BFC-Plus is a holistic intensive, guardianship 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 when they lack the capacity to do so themselves. The programme helps to micromanage people’s finances to teach good financial habits and gradually transition accountability as skill and confidence grows.

BFC-Plus is heavily administrative and requires a lot of resources, responsibility, trust, and integrity to manage a client’s finances and give them a mental reprieve so they can take control of their lives. It creates a pathway to rise out of poverty, isolation, and joblessness. It improves the wellbeing of people and whānau, improves opportunities and life outcomes for tamariki, and raises social and economic inclusion.

Currently, NSBS’ BFC-Plus programme receives no funding from the Ministry of Social Development, however our organisation remains committed to serving our BFC-Plus clients.