CAAB

Investing in People, Strengthening Communities

Celebrating the Savings Accomplishment of a Young DC Resident

Last month, Kitijarith achieved a dream and a personal financial goal: plan, budget and save enough money to purchase her first car. “Being able to purchase this car gives me the freedom to move around and get to where I need to go," said Kitijarith. "I am proud of saving enough money and accomplishing this dream. Before, I would spend more than an hour to get to work from my home; now it only takes 20 minutes. That helps me a lot." Kitijarith is a participant in the Market Matched Savings Program of the DC Child and Family Services Agency (CFSA).

Celebrating the Savings Accomplishment of a Young DC Resident

Last month, Kitijarith achieved a dream and a personal financial goal: plan, budget and save enough money to purchase her first car. “Being able to purchase this car gives me the freedom to move around and get to where I need to go," said Kitijarith. "I am proud of saving enough money and accomplishing this dream. Before, I would spend more than an hour to get to work from my home; now it only takes 20 minutes. That helps me a lot." Kitijarith is a participant in the Market Matched Savings Program of the DC Child and Family Services Agency (CFSA). 

Capital Area Asset Builders (CAAB) is a proud partner with CFSA in the Market Matched Savings Program. The program provides financial education, asset training, fund-matching savings accounts and other aspects that directly relate to youth transitioning to independence. The program assists with youth’s transition to independence by creating opportunities to increase knowledge of finances as well as their savings and wealth.  The purpose of the matched funds is to empower and educate youth to focus and plan for their future while engaging them in developing both a short-term and long-term financial plan toward the acquisition of assets.  The program includes youth in foster care between the ages of 15 and 21 years.

"Creating a budget and sticking with a savings plan is very important to do what I want to do," said Kitijarith. "I don't want to rely on others; I want to live my life independently and achieve my own goals. The financial education, encouragement, support and match provided to me by CFSA and CAAB  reinforced the need to focus on the future, save and have a game plan to achieve my dreams. I want other CFSA youth to know about this program and most importantly see that if I can do it so can they. You gotta work hard and save. Then you can pay for what you need."

  

About Capital Area Asset Builders

Capital Area Asset Builders (CAAB) is a non-profit organization whose mission is to empower low- and moderate-income residents of the Greater DC Area to take control of their finances, increase their savings, and build wealth for a better future.

Connect with CAAB via our social media platforms:

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creating a budget, managing expenses

Saving for now, for the future

Get my own apartment

"Give youth hope that . Give motivation to others as incentive . It's possible to achive dreams

How to give

Now, more than ever, non-profits like Capital Area Asset Builders (CAAB) need your help. Please support CAAB as we continue to help DC residents manage and/or improve their financial situation during these difficult times. If you can't afford to give a monetary gift, please visit our Amazon Wish List where you can choose from a variety of items that CAAB needs in order to better serve our community.

or send a check or money order to
Capital Area Asset Builders (CAAB)
c/o Joseph Leitmann-Santa Cruz, CEO & Executive Director
1100 H Street NW, Suite 200
Washington, DC 20005