Nikisha*, a mother of four, found herself and her family struggling to get by. As days worsened, so did the relationship between her and her partner. Nikisha soon fell victim to domestic abuse, ultimately ending with her partner leaving the family.
Struggling to pick herself up emotionally, Nikisha now was the sole caregiver to her young children. Immediately after becoming a single mother, she was dealt an eviction notice, giving them no more than 36 hours to be out of the house.
The STACK Project, based in Broome County, works to increase financial literacy among younger adults in our community, with the end goal of achieving financial security. Through free one-on-one counseling and workshops, the STACK Project aims to reduce or prevent ongoing finance problems such as debt, budgeting, credit, savings, and more.
Having had little involvement in the family’s finances, Nikisha was severely in debt and had extremely poor credit. Upon finding steady housing, she was given a contact at the STACK Project. Through tailored case management, Nikisha began developing new money management skills.
STACK stands for savings, tackling debt, accumulating wealth, credit & college awareness, and key tips for financial freedom. Money management is essential no matter your income, so starting your journey and education at a young age is important. The STACK project aids those interested in attending college with scholarships search, applications, and completing the FAFSA process.
Nikisha has since cleared an abundance of her debts, built up savings, and has begun college funds for each of her children. Above all else, she is in a safe and positive environment.
In Broome County, 27% of the population lives below the ALICE** threshold, meaning households that are a few paychecks shy of living in poverty. If you are interested in supporting projects and programs like the STACK Project, consider donating to United Way of Broome County’s Annual Community Campaign.
If you or someone you know is facing domestic abuse, please call the National Domestic Violence Hotline at 1-800-799-7233 or text “START” to 88788. For emergencies, call 911.
*The participant’s name has been changed to protect identity and confidentiality
**According to the 2020 ALICE Report