Income

United Way Helps Americans Achieve Financial Stability

As many as one-third of working Americans do not earn enough money to meet their basic needs. Wages have not kept pace with the rising cost of housing, healthcare, and education and currently, 40 million Americans are working in low-paying jobs without basic health and retirement benefits.  For families walking a financial tightrope, unable to save for college, a home, or retirement, United Way is here to help.

 

Financial instability is the number one cause of many of our community's problems, with many Utah families living precariously one paycheck away from financial disaster.  Approximately 35,000 jobs have disappeared from Utah’s economy in the last year.  More than 91,000 Utahans are currently unemployed - up considerably from 57,300 a year ago.  Community and family issues that stem from the economic and financial pressures facing individuals and their families are growing increasingly complex and more difficult to address.  Wages have not kept pace with the rising cost of housing, healthcare and education, and skill levels have not kept current with changing industry needs.  As a result, more than 12 percent of the U.S. population has an income below the federal poverty level, in spite of the fact that many are employed, some with two or three jobs.

 

Our Strategy

To address the obstacles that prevent hard working families from getting ahead financially, we launched the Financial Stability Partnership™, an initiative that promotes community-change strategies to help families meet their basic needs, while gaining the financial capability to plan for, and accomplish, their long-term financial goals. 

Over 300 United Ways and their local community partners are engaged in activities and initiatives to help build the financial stability of families in their communities. 

 

How You Can Help

Volunteers make United Ways’ tax assistance and financial education programs possible. We need your help, even if you don’t have an accounting background. Volunteer to help.