Organization Warns of Financial Strain Ahead of Jewish High Holidays
The Israeli non-profit organization "Pa'amonim" is warning families about the significant financial pressures they face leading up to the Jewish High Holidays of Rosh Hashanah and Sukkot. Sharon Levin, the organization's spokesperson, explained that this period follows a string of major expenses, including the summer vacation, the back-to-school season, and now holiday preparations. "We are in a period where three large expenses meet at once," Levin stated, noting that credit card payments for summer activities are still being processed, followed by costs for school supplies, and then holiday spending.
Pa'amonim, which assists thousands of families with financial management, emphasizes the importance of proactive budgeting during this challenging time. Levin advises families to plan their holiday spending in advance, compare prices, and consume wisely, rather than succumbing to the pressure of holiday expenses. The organization is offering a special grant to families currently in their support program to help them navigate the holidays with greater financial stability.
In addition to its general services, Pa'amonim has expanded its support to populations affected by the ongoing conflict, including residents of northern Israel, reservist families, small business owners, single mothers, and others facing financial hardship due to security concerns. Levin shared an example of a family from southern Israel who, despite earning well, lived beyond their means, accumulating significant debt. Through Pa'amonim's guidance, they restructured their budget, recovered funds owed to them, and learned to live within their income, ultimately resolving their debt crisis.
The organization's support extends beyond initial consultations, providing ongoing assistance until families regain financial security. Levin highlighted a particularly moving piece of feedback from a father who reported finally sleeping soundly at night, feeling in control of his family's finances, which Pa'amonim considers its greatest success.
