Are you in crisis?
If so, 211.org is the best way to connect with someone how can help.
The Benefits Cliff occurs because many public benefits instantly stop at a given income threshold. Once a participant crosses the threshold, benefits plummet to zero. There is no gradual phase-out.
For many benefits, the income thresholds are set by the Federal Poverty Guidelines. Food and Nutrition Services, for example, abruptly terminate when recipients earn more than 200% of the guidelines.
Benefits Cliff in Forsyth County Microsite
In 2019, the Asset Building Coalition launched an innovative community collaboration to elevate awareness and spark community dialog around the Benefits Cliff. A core component of this effort is an educational microsite built by Forsyth Futures, designed to inform local stakeholders on the conditions around this complex issue.
Living wages benefit workers, employers, and our local community at large.
The living wage movement is based on the premise that wages should keep workers and their families above a minimum standard of living. The federal minimum wage of $7.25 per hour has not changed since 2009, leaving many workers struggling to make ends meet. Workers in Forsyth County with salaries at, or even slightly above minimum wage, are forced to make difficult choices each day, such as buying food or paying rent, filling a prescription or the gas tank. If these workers earned a living wage, rather than the legal minimum of $7.25 per hour, many would be lifted out of poverty.
Benefits of a Living Wage
Attracts potential employees
Lowers employee turnover
Boosts employee productivity
Improves morale, attendance, and customer relations
Lifting pay boosts the our local economy.
States that have raised their minimum wage are adding jobs at a faster pace than those that did not. And low-wage workers tend to spend nearly every dollar they earn for goods and services closer to home. Every extra dollar going into the pockets of low-wage workers has the potential to add even more to the regional economy.
Forsyth Living Wage Employer Certification Program
In the Fall/Winter of 2021, The ABC will launch the Forsyth Living Wage Employer Certification Program, which will recognize local businesses and organizations who pay a locally-calculated living wage of $14.64 per hour, or $12.76 per hour with health insurance (these were calculations in 2019).
Recognize local employers who pay their workers a living wage
Provide employers with an incentive to pay a living wage
Create community recognition and support of living wage employers
Increase local awareness of wage inequality
Promote a local living wage movement by working to certify more employers.
A healthy savings account prepares you and your family for unexpected life events and can put your life goals, like going to college or buying a home, within reach.
It’s important for everyone to have money set aside for emergencies. Often, the first step on this journey is deciding to set aside some money each week for savings.
You can do it. Forsyth Saves can help.
Forsyth Saves supports individuals and families in our community as they work toward achieving their savings goals. By taking the America Saves Pledge, you can receive personalized advice, resources, reminders, and encouragement to help and support you along the way. Taking the pledge is like signing up for your own personal savings coach!
There are two ways to take the pledge today.
Pledging is completely anonymous and your contact information will be kept private and secure.
Sign up by text message; text WinSalemSaves to 877877.
Do you want to become certified as a best practice provider of financial capabilities services in Forsyth County?
If you are a designated person with authority to represent your business or organization, simply contact us and a member of our certification team will follow up with you. If you have questions about the application or process, contact us.
Certified Financial Capabilities Service Providers
A list of local Certified Financial Capabilities Service Providers is coming soon! In the meantime, contact email@example.com with questions or opportunities.
Asset poverty is a community-level issue that requires a coordinated, community-level response.
Our Advocacy Committee worked in 2019 to meet with leaders of organizations (whose work connects them with Asset Poverty) from across North Carolina to understand their advocacy platforms, how they approach the work, the adaptive challenges they’ve faced, and how they facilitate and communicate with community stakeholders.
In 2019, the Advocacy Committee met with:
The North Carolina Justice Center
The National Disability Institute
The North Carolina Asset Alliance
The North Carolina Center for Nonprofits
The Forsyth County Advocacy Agenda for Asset Poverty, 2021
This inaugural advocacy agenda outlines strategies and opportunities for advocacy activities at the grassroots / local, state, and national levels. It focuses on specific actions that individuals, elected officials, service providers, and institutions can take to begin to shift policies and priorities toward systemic solutions for asset poverty.
Catalyst is our highest advocacy tier. For issues designated at this level, the ABC will take the lead as a local champion:
- Benefits Cliff
- Child Care Subsidies
- Housing Choice
- NC Medicaid
- Work First
For issues designated to the Participant tier, the ABC will join with other partners as an active member to develop strategies that influence policy:
- Reform of municipal fines/fees
For issues designated to the signatory tier, ABC may take a public position to support or oppose policy in this area, lending our name to an effort:
- Student Loan Debt
- State Earned Income Tax Credit
- Medicaid Expansion