2017 Financial Coaching Success Story
Financial coaching empowers people to take control of their finances rather than being controlled by them. NCALL's innovative $tand by ME initiative, through the Delaware Financial Empowerment Partnership, provides financial coaching opportunities. The coaching enables people to establish their goal and work towards it using resources provided by their coach. This program is free to all Delaware residents regardless of age or income.
This service is now available at a variety of locations in Kent and Sussex Counties including Dover Downs, Del Tech Terry Campus, Poly Tech High School, and Delaware State Housing Authority's public housing sites.
Tanya knew from a young age that she was meant to be a certified personal fitness trainer. She pursued that dream as a career and eventually found success owning her own business, Journey2Wellness. She had a steady stream of clients, and new ones continued to find her by word of mouth. In 2014 she was ready to take her business and education to the next level by pursuing a degree in Physical Therapy from Del Tech. It was at Terry Campus that she first saw a flyer for $tand by ME. She learned she could meet with a personal financial coach right there on site. Tanya scheduled a meeting and together with her coach, developed a plan to reach her financial goals. Everything seemed to be going well for Tanya. Then, suddenly, her life took an unexpected turn. Her father passed away. The news hit hard and she took on fewer clients. She had to take a step back from her dreams to adjust.
The turning point was finding out her daughter was going to have a child. "Something just clicked," she says. She was not going to let any more time pass and risk not achieving her full potential. She went back to Del Tech and met with her $tand by ME coach again. Together they pulled her credit and devised a strategy and steps to take. She didn't waste any time getting started and got a second job right away. It was something she never planned on, but she says, "Sometimes you have to make a sacrifice today for an even better tomorrow."
The sacrifice paid off - in only seven months, she was able to increase her credit score by 111 points, decrease her debt by 66%, save $3,000, and decrease her car loan interest rate by more than 15%. Today, Tanya proves that when you put your mind to something, you'll achieve it. "With NCALL's help, I was able to reach goals I never thought would be possible int he time frame I managed to do it. Their knowledge and passion for helping others are so refreshing. It has been a pleasure working with NCALL!"
NCALL offers money management assistance through $tand by ME® financial coaching at various employment centers and higher education sites.