United Ways of Texas, The Federal Reserve Bank of Atlanta and Raise Texas partnered to bring the CLIFF (Career Ladder Identifier and Financial Forecaster) Dashboard to Texas. The CLIFF Dashboard was developed to help Texans make informed career decisions to overcome “benefits cliffs” as they move forward.
-Benefit cliffs occur when career advancement puts a family above the income eligibility threshold for public assistance programs. Due to the gradual or sudden loss of these programs, career advancement can actually worsen a family’s financial situation
-This tool will help hardworking Texans plan for income changes as they advance along rewarding career pathways. The tool can also provide incentives for individuals to invest in themselves.
The CLIFF Dashboard can be used to assist Texans in making informed career decisions to overcome benefits cliffs.
The most recent ALICE (Alice Limited, Income Constrained but Employed) report data has been integrated into the tool to highlight the Household Survival Budget and to help define the budget threshold. This tool can be used in several ways – from one-on-one career coaching to identifying target populations for services.
Learn more about how to use the dashboard here: https://lnkd.in/eeUayY7e
