RSS Financial Resilience

For Benefactors and Sponsors of the Santa Barbara Behavioral Health Educational Series

Help build Santa Barbara's Behavioral Health and Resilience Multiplier

SPONSORSHIP PACKAGES:

  • Our Initial Donation Goal for this Project is $100,000.

USE OF FUNDS:

  • Making behavioral health and resilience programs freely available to economically disadvantaged, minority, and vulnerable members of the community.
  • Refining the existing programs, including the 5G Collaborative Dojo.
  • Building, testing, and marketing special programs for Self Care.
  • Developing other special educational programs in this Behavioral Health Series.

DONATIONS:

  • Please make your tax-deductible contribution payable directly to “Resilient Santa Barbara Fund” at the Santa Barbara Foundation
  • Donations beginning at $20 are welcome to help us reach our funding goal. Donations of $100 or more receive additional benefits as detailed below.

Springs of Amethysts - $100

  • Public Recognition as a Community Health Charter Sponsor
  • Signed copy of Piloting through Chaos—The Explorer’s Mind (Julian Gresser/2013)
  • Free gift of the 5 Minutes to Resilience web app


Rivulets of Moonstones - $500

  • All of the above awards (except memberships) plus:
  • 2 Free Gift Memberships in the 5G Collaborative Dojo, including in-person monthly meetings


Sparkles of Opal - $1K

  • All of the above awards (except memberships) plus:
  • Public lecture in your honor
  • 4 Free Gift Memberships in the 5G Collaborative Dojo, including in-person monthly meetings


Fountains of Pearls - $5K

  • All of the above awards (except memberships) plus:
  • ½ day workshop training and consultation with any organization or company of your choice in Santa Barbara
  • 20 Free Gift Memberships in the 5G Collaborative Dojo, including in-person monthly meetings


Jade Eddies - $10K

  • All of the above awards (except memberships) plus:
  • Two ½ day workshop, training and consultation with any organization or company of your choice in Santa Barbara
  • 40 Free Gift Memberships in the 5G Collaborative Dojo, including in-person monthly meetings


Sapphire Brooks of Laughing Hearts - $25K

  • All of the above awards (except memberships) plus:
  • 100 Free Gift Memberships in the 5G Collaborative Dojo, including in-person monthly meetings
  • 1 day of professional consultation and meetings

Contact Us


Ruby Streams of Laughing Hearts - $35K

  • All of the above awards (except memberships) plus:
  • 150 Free Gift Memberships in the 5G Collaborative Dojo, including in-person monthly meetings
  • One full day training program with materials for organization of choice to you.

Contact Us


Emerald Rivers of Laughing Hearts - $50K

  • All of the above awards (except memberships) plus:
  • 200 Free Gift Memberships in the 5G Collaborative Dojo, including in-person monthly meetings
  • Two full day training programs with materials for organizations of your choice.

Contact Us


Diamond Rivers of Laughing Hearts - $100K

  • All of the above awards (except memberships) plus:
  • 400 Free Gift Memberships in the 5G Collaborative Dojo, including in-person monthly meetings
  • Four full day training programs with materials for organizations of your choice.

Contact Us

Financial Resilience

Financial resilience is the personal ability to withstand life events that have a significant impact on one’s income and/or assets. It is also a general indicator of the robustness of a financial system at any level of local, national, or international organization. At all levels integral resilience offers a lighthouse to ships on increasingly  turbulent seas.

Financial resilience is the personal ability to withstand life events that have a significant impact on one’s income and/or assets. It is also a general indicator of the robustness of a financial system at any level of local, national, or international organization.

Physical, mental, and emotional health and vitality can be directly impaired by low financial resilience, and strong financial resilience can in turn contribute to an overall sense of wellbeing. On a personal level building personal financial resilience matches well BHI principles.

Some key recommendations:

  • Maintain a low debt-to-income ratio. Monthly consumer debt payments should be 15% or less of monthly take-home pay. Example: $275 of debt payments divided by $2,500 of net pay equals a consumer debt-to-income ratio of 11% (275 divided by 2,500), which is under the 15% danger zone.
  • Maintain an emergency fund of at least three month’s expenses. Keep this money liquid in cash equivalents such as a bank or credit union savings account, money market fund, or short-term CD.
  • Never consider your education or job training finished. Continue to develop new marketable skills and take care of your health (e.g., good nutrition, screening exams, and exercise) to increase your human capital and remain employable in today’s very competitive labor market.
  • Purchase adequate life insurance to protect dependents against the loss of a breadwinner’s income and disability insurance to provide continued income following an accident or illness.
  • Increase your knowledge of financial topics so that you make smart financial decisions.
  • And the five (5) key questions:
    • How diversified are my income streams?
    • How secure are my income streams?
    • What’s my debt-to-income ratio?
    • How much cash can you access in an emergency?
    • How much slack do you have in your budget?

As Integral Resilience reduces fear and panic and supports prudent and farsighted decision making, it would be sensible to link financial and integral resilience in community health education programs.

Notes:

Next: Insurance and Resilience

Comments Welcome