Home Budget Management

Home Budget Management

Home Budget Management

Need: Nearly half of Jerusalem’s 850,000 residents are poor. The Jerusalem Foundation has been working to foster opportunities for economic growth within Israel’s capital, which as the nation’s largest and poorest city, presents unique challenges to the fulfillment of this goal. Fighting poverty is a major objective of both the Jerusalem Municipality and the Jerusalem Foundation, especially in its effort to provide opportunities for all Jerusalem’s populations.

Response: In order to effectively fight Jerusalem’s poverty, the Jerusalem Foundation established a major partnership with the Municipality’s new comprehensive, citywide program to fight poverty, Avenues to Success. The program began implementation in 2014, focusing on employment, rights realization, strengthening social networks through comprehensive, individualized processes, and Home Budget Management. Avenues to Success utilizes broad Neighborhood Steering Committees in order to adapt to each neighborhood’s needs. The Steering Committees partner with community centers, local welfare offices, NGO's, charities, schools and businesses in order to provide economic guidance and counseling to Jerusalem’s struggling families.

In 2017, the Foundation intends to increase its support of the Home Budget Management program in the Gilo and Kiryat Menachem neighborhoods to help make a significant impact in fighting poverty in Jerusalem. 100 - 150 new Household Budgeting Management participants will join activities in each neighborhood. Home Budget Management activities include: seminars, workshops, lectures and consulting, to teach residents how to manage and balance their family budget. The goal is to provide these critical skills regularly – before families reach a state of poverty – thereby preventing it.

Populations Served: Middle-class and working-class families struggling to survive economically in Jerusalem.

Impact: Since 2015, 35% of all participants in Avenues to Success employment programs either received new employment or improved their conditions. In addition, over NIS 5,700,000 was obtained by residents who realized their rights. More than 80% of graduates of the comprehensive programs improved their earning power, with an average of NIS 2,400 earned per household. For 2017, 30% of participants in the individual mentoring of the Household Budget Management activities will have reported that their debt did not increase.

Partners: Jerusalem Municipality will provide matching funding.