For victims of human trafficking, the journey to financial stability and independence can be a challenging one. They may have experienced financial exploitation, been forced to work in low-paying jobs, or have limited access to resources and support. However, with the right tools and guidance, basic family budgeting and financial education can help human trafficking survivors take control of their finances, build a stable foundation, and work towards a brighter future.

Financial Smarts: Getting Started

Think of this like learning a new skill, like cooking or fixing a bike. We’ll walk you through things like:

• Making a Budget: This is like a roadmap for your money. It helps you see where it goes each month, so you can spend wisely and save for things you need.
• Saving Tips: Putting some money aside for emergencies and future goals gives you peace of mind and options.
• Checking Account Education: Just understanding the basics of what a checking account is and how to balance one is very important.

Why is This Important?

There are many reasons why budgeting your money is key:

• Feeling Secure: Knowing your bills are covered and you have savings for unexpected things is a huge weight off your shoulders.
• Less Stress: Financial worries can be overwhelming, but learning a few simple skills helps you feel more in control.
• Building a Brighter Future: Imagine saving for an apartment you love or going back to school! With a little planning these dreams are possible.

Taking Back Control

By learning these skills, you become less vulnerable to anyone trying to take advantage of you again. You’ll be able to make informed decisions about your money and build a life you deserve.

This journey may seem scary, but we’re here to support you every step of the way. You are strong and capable, and with these tools, you can achieve anything you set your mind to!

Economic Education is the process of taking a look at your money through budgeting, balancing a checkbook, etc. It involves creating a budget, setting priorities, managing expenses, learning to save for emergencies, and investing in the future. By taking a look at an individuals financial situation, human trafficking survivors can establish a sense of control over their finances and work towards achieving their long-term financial goals.

The most important budget items that are included in the basic family budgets are: housing, food, child care, transportation, health care, other necessities, and taxes. 

One of the key benefits of fiscal planning for human trafficking survivors is that it can help them gain financial stability. Many survivors of human trafficking may have limited access to resources and support, which can make it difficult to establish a stable monetary foundation. By creating a budget and managing their finances, these individuals can gain a better understanding of their income, expenses, and financial goals, which can help them make more informed financial decisions and work towards achieving their goals.

By learning basic budgeting skills and gaining greater control over their finances, these individuals can reduce their vulnerability to future exploitation, establish a sense of empowerment, and work towards a brighter future. With the right support and guidance, human trafficking survivors can take control of their finances and achieve their long-term financial goals.