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Women’s Money Matters Announces Partnerships with Direct Financial Relief Organizations

By Programs & Partnerships

Women’s Money Matters Announces Partnerships with Direct Financial Relief Organizations

Women experiencing unexpected financial hardships can now receive direct financial support  

Women’s Money Matters, formerly Budget Buddies, has been providing financial wellness, confidence and security to hundreds of women living on low-incomes for over a decade and began offering direct financial assistance to provide relief when many women lost income when the Covid pandemic hit. Now, the organization is excited to announce new partnerships with organizations to provide additional financial relief directly to women who are experiencing financial hardships.

Danielle Piskadlo, Executive Director of Women’s Money Matters shares “The responses we got when we reached out with emotional and financial support during Covid were heartbreaking – getting low on baby formula, going shopping with my last $60, 38 weeks pregnant with no income – and now, with inflation and prices rising, we’re beyond excited to have developed partnerships to allow us to offer continued financial support to the women in our programs – past and present!” 

The mission at Women’s Money Matters is to empower women on their financial wellness journey and assist them in planning for not only everyday living expenses but unexpected expenses as well. 

According to the Federal Reserve’s 2018 Survey of Household Economics and Decision Making, roughly 40% of Americans would struggle to come up with $400 to pay an unexpected bill. These large and unexpected expenses can derail an individual’s spending plan and cause women to go into further debt. 

Through its direct financial relief partners, currently including The Boston Bullpen Project, Bridge Forward Fund, and NeighborShare, Women’s Money Matters is able to help facilitate even more immediate relief to both current and past participants during challenging times to assist with emergency car payments, medical bills, rent, support leaving an abusive relationship, and more. 

“We are so proud to be partnered with Women’s Money Matters. Their operation and mission is a wonderful fit for Boston Bullpen Project,” said Steve Alperin, Founder of Boston Bullpen. “We look forward to years of working with them and providing assistance to their clients.”

Our partner organizations have made it their mission to assist individuals and families who are struggling to make ends meet, and we are grateful for their continued support. Past participants who are in need of direct financial assistance are encouraged to contact Women’s Money Matters for more information. 

“I want to thank you for helping me by paying my mortgage and rent for June 1st for me,” said Tabitha, a Women’s Money Matters Collective Program participant from New Hampshire who received relief through the partnership with Boston Bullpen. “It has also allowed me a few extra weeks of relief knowing I won’t be behind while waiting for assistance and next steps to go through. I can relax a tiny bit and take time with my kids and show them mom can relax and not stress every day.”

“If it wasn’t for [the relief donation] my husband would’ve had to miss work, I wouldn’t have been able to drive my kids to school and we wouldn’t have had enough for the rent,” said Elizabeth, a Women’s Money Matters participant who graduated in February from a program in Lowell and needed support for an unexpected car repair. “I know it doesn’t seem like much, but for us it was everything to receive that help.”

Women’s Money Matters is grateful for the support of its direct relief partners and looks forward to working with other organizations. If you are interested in partnering with Women’s Money Matters to provide assistance to women living on low-incomes, please visit our website

Women’s Money Matters Receives Project Innovation Grant from NBC

By In The News, Programs & Partnerships

BOSTON – Women’s Money Matters is honored to be recognized with a Project Innovation grant from NBC. The organization issued the below statement on being named as one of four Boston organizations that have made a positive impact in Massachusetts through an innovative solution:

“Women’s Money Matters is grateful for the support and recognition of our innovative and holistic approach to financial health for women living on low-incomes. Our model for financial wellness is one of the most successful strategies for disrupting poverty because of the unique combination of small peer support groups, a comprehensive series of financial wellness workshops tailored to the needs of women, and most importantly, the one-to-one coaching relationship.”

Women interested in joining a program can learn more here. Women looking to volunteer and serve as coaches and support women in their financial journey can sign up here.

Cooking for a Cause Fundraiser with Women’s Money Matters

By In The News, Programs & Partnerships

Women’s Money Matters had a great virtual Cooking for a Cause fundraiser event. We really appreciate the supporters and board members who attended this cooking course given by Chef Kim Lambrechts a 25 year veteran in the hospitality and dining industries with a large repertoire of global culinary styles.

Special thank you to board member Kate McCabe for organizing this fundraiser for Women’s Money Matters. Thank you to all of our supporters who hosted in their homes for this virtual event and all those who attended! This was an excellent opportunity to share Women’s Money Matters mission and impact with with your friends and family in a delicious and fun event, and of course to raise funds for Women’s Money Matters to empower more women financially.

                                                                                                                                         

Women’s Money Matters Announces Expanded Access to Customized Financial Wellness Workshops and Personalized Coaching for Women Living on Low Incomes

By Programs & Partnerships

Women’s Money Matters Announces Expanded Access to Customized Financial Wellness Workshops and Personalized Coaching for Women Living on Low Incomes

The organization is announcing robust strategic priorities aimed at advocating for women to address financial inequalities and providing direct support to bridge financial gaps.

 

BOSTON – Women’s Money Matters, which has operated as Budget Buddies, is announcing a significant expansion to its work supporting women living on low incomes on their financial wellness journey. Increasing access to virtual and in-person financial wellness workshops and personalized one-to-one coaching will allow the organization to elevate the voices of the women who take part in these programs and ensure that all who need access to financial wellness programs, peer support and one-to-one coaching will have access to it. The organization will also increase its advocacy work to empower women to build more resilient futures with financial security.

 

“Our mission is to empower women and to build up the women who participate in our programs and support their efforts to build their financial wellness, confidence and financial security,” said Danielle Piskadlo, Executive Director for Women’s Money Matters. “By expanding our strategic goals, brand identity and programming to fully encompass and represent what we do for women, we can focus on awareness-raising and advocacy efforts elevating the voices of our clients.” 

 

Formed in 2010 as Budget Buddies, Women’s Money Matters assists women on their financial wellness journey, providing robust programming, one-on-one mentoring, and access to financial resources. The organization works with women, all living on low incomes and from underrepresented communities. 

 

Women’s Money Matters operates financial wellness programs tailored to meet women where they’re at in their financial journey. The programs are guided by volunteer presenters and coaches, and workshops cover budgeting strategies, managing credit, keeping money safe, saving for larger expenses, and protecting against fraud. Each volunteer coach works solely with one participant every week to support her unique life goals and any money-management challenges. 

 

Women’s Money Matters is also excited to provide direct financial relief to participants to help cover unexpected emergency expenses, like a broken car part or rental support. Recently Women’s Money Matters has partnered with organizations to provide this relief and to bridge gaps in budgets that can cause women to fall into debt.

 

During the COVID-19 pandemic, the organization was able to expand into virtual programming, reaching participants directly and working with new partners. This allowed for the opportunity to assess the strategic brand and mission of the organization, and to push forward with advocacy efforts aimed at addressing why women need to utilize these programs. 

 

“When the COVID-19 pandemic hit, the impact on women was severe and we quickly made adjustments to reach women directly when they needed us most and provide them with some direct financial relief,” Piskadlo explained. “We also recognize the importance of building financial resilience for women, which means addressing the financial inequalities that women face.”

 

Through Women’s Money Matters mentorship and resources, participants have the opportunity to improve their financial health to create a more secure future for themselves, their families and their communities. 

 

“We don’t just build budgets, we build community. We build confidence. We empower women to build more resilient futures with financial security,” Piskadlo said. 

 

100 Women Who Care Nashua, New Hampshire

By Programs & Partnerships

Women’s Money Matters (formerly Budget Buddies) attended a non-profit presentation pitch for 100 Women Who Care (100WWC) Nashua, New Hampshire. Our Volunteer Manager, Berny Lugo presented our impact and reach to empower women living on low-incomes through financial wellness in Southern New Hampshire. Women’s Money Matters is proud to serve communities in Southern New Hampshire and received funding from 100WWC to continue to serve women in these communities.

About 100 Women Who Care- 100WWC is a worldwide organization with over 400 chapters in the United States. The philosophy is simple gather 100+ women, donate $100 four times a year, and the money goes to a local charity.

Women’s Nonprofit Discussion 2022 NEPC

By Programs & Partnerships

Women’s Money Matters Executive Director Danielle Piskadlo joined NEPC’s Week of Understand Women’s Nonprofit Discussion Panel. In this panel, leaders of non-profits discussed the systemic barriers women face.

About NEPC, LLC- NEPC, LLC is one of the industry’s largest independent, full-service investment consulting firms, serving more than 400 clients with over $1.3T assets under advisement. Our mission is to help governments, institutions, families, and individuals preserve and grow their capital across different asset classes and market cycles. Our research-driven investment solutions are tailored to support your unique financial goals, constraints, beliefs and time horizons. As trusted and thoughtful stewards of capital, we measure our accomplishments by the success of our clients.

100% Talent Compact with Boston Women’s Workforce Council

By Programs & Partnerships

Women’s Money Matters (Formerly Budget Buddies) was proud to sign onto the 100% Talent Compact by the Boston Women’s Workforce Council(BWWC). This compact promotes salary transparency and best practices surrounding wage equality. From BWWC:

In a city where women make up more than half of the residents and half of the workforce, pay equity is not only the right thing to do, it is the smart thing to do. In partnership with the City of Boston, the BWWC implements the 100% Talent Compact, a first-in-the-nation approach to reaching pay equity for working women.

To this day, over 250 Boston-area employers have signed the Compact and pledged to close the gender/racial wage gap in Greater Boston. Our Compact Signers are actively committed to examining their own salary data and practices and making changes where needed.

We are proud to work with an advocacy partner such as BWWC to promote our aligning goals of racial and gender equality in pay.
Executive Director Danielle Piskadlo signing the compact.

Mothers Managing Money Event May 2022

By Programs & Partnerships

Women’s Money Matters, (formerly Budget Buddies) hosted an engaging and informative event with Vivian Birchall, a vocal community leader, tv show host, and political candidate.  The “Mother’s Managing Money” event covered topics surrounding equitable childcare, resources for mothers, and the challenges that mothers living on a low-income face.

$100,000 Cummings Grant Recipients: Women’s Money Matters

By Programs & Partnerships

ESSEX COUNTY, MA, MAY 25, 2021 – Women’s Money Matters (formerly Budget Buddies) is one of 140 local nonprofits to receive grants of $100,000 to $500,000 each through Cummings Foundation’s $25 Million Grant Program. The Essex County-based organization was chosen from a total of 590 applicants during a competitive review process and will receive $100,000 over 3 years.

Women’s Money Matters plans on using the funding to build and expand their virtual program presence including the implementation of their new “Signature Collective” program for women who are not affiliated with a social service agency. In addition, they plan on using this funding to continue to support robust volunteer recruitment and expenses related to the implementation of their virtual programs.

The Essex County-based non-profit focuses on building the financial wellness and confidence of low-income women and girls through a unique program that combines instructional workshops and personal, one-to-one coaching. As client needs have grown due to immense income and job loss caused by COVID-19, the organization has transitioned its programming to interactive online group workshops to continue meeting the needs of clients during this time of deep financial uncertainty.

“Now more than ever women living on low incomes are seeking financial wellness support brought upon by the immense job and income loss from the pandemic,” said Women’s Money Matters Executive Director Danielle Piskadlo. “We are grateful to be awarded with a Cummings Grant from the Cummings Foundation in support of our mission to help us continue to meet this increased need in our communities.”

“Now more than ever women living on low incomes are seeking financial wellness support brought upon by the immense job and income loss from the pandemic,” said Women’s Money Matters Executive Director Danielle Piskadlo. “We are grateful to be awarded with a Cummings Grant from the Cummings Foundation in support of our mission to help us continue to meet this increased need in our communities.”

-DANIELLE PISKADLO, BUDGET BUDDIES’ EXECUTIVE DIRECTOR

Through this place-based initiative, Cummings Foundation aims to give back in the area where it owns commercial buildings, all of which are managed, at no cost to the Foundation, by its affiliate, Cummings Properties. This Woburn-based commercial real estate firm leases and manages 10 million square feet of debt-free space, the majority of which exclusively benefits the Foundation.

“We aim to help meet the needs of people in all segments of our local community,” said Cummings Foundation executive director Joel Swets. “It is the incredible organizations we fund, however, that do the actual daily work to empower our neighbors, educate our children, fight for equity, and so much more.”

With the help of about 80 volunteers, the Foundation first identified 140 organizations to receive grants of at least $100,000 each. This year’s grant recipients represent a wide variety of causes—including social justice, homelessness prevention, affordable housing, education, violence prevention, and food insecurity—spread across 43 different cities and towns. Cummings Foundation has now awarded more than $300 million to greater Boston nonprofits that are based in and primarily serve Middlesex, Essex, and Suffolk counties. . The complete list of 140 grant winners, plus more than 800 previous recipients, is available at www.CummingsFoundation.org.

“We have adopted a democratic approach to philanthropy, which empowers an impressive roster of dedicated volunteers to decide more than half of all our grant winners each year,” said Swets. “We benefit from their diverse backgrounds and perspectives; they benefit from a meaningful and fulfilling experience, and the nonprofits often benefit from increased exposure and new advocates.”

About Women’s Money Matters (Formerly Budget Buddies)

Women’s Money Matters is a 501(c)3 nonprofit organization providing low-income women and girls with financial empowerment programs that are highly individualized to each participant’s financial needs and goals. Their mission is to work toward a world in which all women are secure in their own abilities to save, make sound budgeting decisions, and advocate for their financial needs. Recently, they have shifted to a virtual model due to COVID-19 and offer remote workshops and coaching across regions in English or Spanish.

About Cummings Foundation

Woburn-based Cummings Foundation, Inc. was established in 1986 by Joyce and Bill Cummings and has grown to be one of the three largest private foundations in New England. The Foundation directly operates its own charitable subsidiaries, including New Horizons retirement communities in Marlborough and Woburn, and Veterinary School at Tufts, LLC in North Grafton. Additional information is available at www.CummingsFoundation.org.

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Budget Buddies graduation event of their 17th program at House of Hope (or HoH), Inc. family shelter in Lowell (September 2019)
Despite moving all of our graduations to virtual celebrations, one of our graduating classes from 2020 were close-knit that we arranged an in-person, socially-distanced graduation.

Women’s History Month Event 2022

By Programs & Partnerships

Budget Buddies wrapped up Women’s History Month 2022 with a wonderful event full of empowering stories and ways to get involved with us. These ways to get involved with Women’s Money Matters (Formerly Budget Buddies) include learning about Women’s Money Matters legislative advocacy.  volunteering in our programs, and learning more about the systemic barriers women living on low-incomes face.

Click here to see our guest speaker Tiffany Payne share her story about going from homelessness to entrepreneurship.