FMP revolves around four key topic areas: credit and loans; money management; financial services; and financial goals and planning. The program is based on the premise that people need some level of knowledge in each of these areas in order to make informed financial decisions.

Minimum competencies in each topic area serve as the framework for the assessment process and other mentoring tools. The program: 1) assesses a client’s current level of financial knowledge, financial situation, and habits; 2) identifies the client’s personal or family financial goals; and 3) helps clients create individual action plans to fill gaps in knowledge and achieve financial or personal goals.

FMP is designed to be used by a wide range of agencies and organizations. It complements financial literacy services, classes and materials often available online or in local communities.

The program was created by Port Jobs with support from the National Endowment for Financial Education®. Implementation funding is provided by the Paul G. Allen Foundation.

2004 Highlights

Total participants mentored through 2004 by Working Wheels/Pacific Associates: 37
Of those participants:
40% received job leads and/or resume help from their mentor.
57% developed a personal financial action plan.
62% of those with a financial action plan implemented at least one goal from their plan.

Since launching the FMP website (www.financialmentoring.net) in 2004, Port Jobs has received more than 25 requests for information about the program.

Participant Demographics

Age
21 - 29	16%
30 - 39	29%
40 - 49	32%
50 and over	23%
Gender
Female	52%
Male	48%
Ethnicity
African-American	42%
Caucasian	32%
Asian/Pacific Islander	16%
American Indian	3%
Hispanic	3%