Our Mission:

Our mission is to increase Financial literacy in Israel – the knowledge necessary to make major financial decisions. We aim to create a reality that empowers Israelis to manage their home economics in a balanced, responsible, and honest manner, believing that this reality will help build economic and social resilience in Israel. We help people already in crisis, and help others prevent potential future financial catastrophes. For over 20 years, Paamonim has delivered fundamental money management skills believing in the power of self-help and independence.

How we work

Paamonim is a nationwide volunteer organization dedicated to helping families and individuals conduct their household finances with balance, responsibility and integrity, thereby strengthening Israel’s economic and social fabric. With the help of its 3000 volunteers, Paamonim provides a diverse framework of solutions geared towards thousands of Israelis each year through targeted financial recovery programs, and offers information and tools for the general public interested in learning the best methods for improved management of their home economics.

The Paamonim suite of services:

Financial empowerment helps people set financial goals by creating and implementing a feasible plan based on their means, allowing them to maintain a strategy to manage the day to day as well as unexpected financial challenges. It’s not about how much money one has, it’s more about how to handle the money one has. We do this through a framework for practical financial understanding offered to the entire population of Israel, from all ages and all walks of life. Activities include free one on one financial counseling, courses, seminars, programs, and lectures. All geared towards helping people acquire financial education for better living.

Programs include but are not limited to supporting families, vulnerable households with notably low income, young couples, youth at risk, single youngsters, victims of domestic violence, prostitution survivors, retirement planning, immigrants to Israel, convicted felons, military staff ahead of release, and more.

Furthermore, we also engage with industry experts offering support with exercising social rights, mortgages, loans, careers, legal advice, and other particular needs.

Additional services include the following:

  • An internal research unit that further studies financial literacy in Israel and its implications
  • The Paamonim financial college –consolidating Paamonim’s financial education
  • Communal programs- aim to create a sustainable model through forming a win-win partnership between Paamonim and municipal authorities. Jointly we provide training and support to local community leaders and volunteers.

Target audience:

Paamonim programs and activities are available to People nationwide in Israel, and are tailored to meet the needs of people of all ages and cultural background.

Participants will change consumer habits and financial behavior, likely to impact their children, by promoting enhanced economic household management.

Project goals

Paamonim’s objective is to empower participants to change habits, and conduct their economic households in an efficient and responsible manner. Participants goals are set based on personal circumstances, and are defined as achievable, reachable, and measurable.

Participants of our programs will acquire, and adopt new skill sets, and behaviors, including but not limited to:

At least 80% will create a family budget, where they enlist income and expenses

Definition of success

Program success is evaluated based on participants’ accomplishments concerning changes to behavioral habits and attitudes toward financial management. Behavioral patterns and changes are assessed through a series of administered questionnaires and from program start participant’s financial circumstances (income, expenses, debt, and assets) are tracked and registered in our bespoke in-house CRM system.

We take immense pride in the measurable impact we have had on the lives of those we’ve supported, and continue to support, and gain immense satisfaction from the many thousands of families and individuals who are now debt free and financially stable thanks to Paamonim’s interventions.

Impact on the individual and the general public:

The annual direct circles of support received by Paamonim include: 3000 consistent volunteers, approximately 12,000 families who receive customized one on one support to their circumstances, approximately 30,000 group training participants, 20,000 loyal partners who have faith in Paamonim’s work, and donate on a regular basis, tens of thousands of online users who download the self-help tools, and over 350,000 unique visitors to our website searching for knowledge on family economics in Israel.

Financial freedom as a result of financial literacy isn’t cultivated via short-term solutions. Paamonim makes financial freedom a long-term reality for Israelis of all walks of life through free services and skill development. Economic independence isn’t just about money, but also mental well-being, resilience, and generational stability.

Flagship services:

Incoming applications are accessed and each applicant  receives a phone call from our intake officers to articulate their concerns . Whether in severe financial distress, drowning in the never-ending cycle of debts and loans, or requiring an answer to specific questions concerning budgets, banks, mortgages or pension, those who approach us are directed to one of our niche programs that best address their needs.

*One-on-one Financial Life rehabilitation- 

Since inception Paamonim offers free one on one counselling for financial rehabilitation geared towards households and individuals. Based on circumstances and assessment of incoming applications we offer recovery programs, information and tools for those wanting to learn recommended methods for managing enhanced home economics. The counselling process entails short or long-term, one on one mentorship provided by Paamonim’s professionally qualified volunteers, trained by regional managers who guide beneficiaries on how to settle debt, change consumer habits, reduce expenses, create & adhere to a budget, and live within their means for a financially independent future.

Paamonim College of Financial Education:

Offering digital self-learning courses, group courses (online and face to face) seminars and lectures geared towards families, individuals, and groups, addressing sustainable financial management for diverse audiences, and covering a wide-range of topics. The system operates on a national level, and is managed by professional directive, operated by volunteers and is supported by professionals in the field of knowledge development and training skills.

Development and knowledge distribution:

We believe that the acquisition of financial knowledge, and tools for improving money management skills can improve the way households manage their finances, and can helps reduce the huge social gaps we are witnessing in today’s Israeli society. From this perspective, Paamonim invests all efforts, and resources in writing, collecting, developing, and distributing the extensive, and significant knowledge accumulated over the 20 years of activity. Additionally, Paamonim is highly committed to developing supportive technologies that will help the general public of Israel obtain, and make wise use of this knowledge

Paamonim has also enjoyed significant public recognition and holds the following awards:

  • President’s award for volunteering, 2010
  • Zussman-Joint prize for excellence in social services, 2013
  • Award from the Sderot Conference and the National Committee for volunteering, 2013
  • Jerusalem mayor’s seal of excellency award for organizations and volunteers, 2015
  • Lion’s award for Volunteering, 2016
  • Middot seal of effectivness award, 2016

Our Key Values


First and foremost, Paamonim is a charity and is about people helping people.

Personal Responsibility

  We encourage people to take action of their lives and promote personal responsibility and independence


Paamonim is a social organization based over 3000 volunteers who provide over 500,000 voluntary hours each year. We believe that distribution of responsibilities contributes to the strength of the social and economic fabric and its ability to tolerate present and future challenges. The principle of volunteering stimulates development of mutual duties between individuals within communities.


Paamonim goes to much effort to qualify its staff and consultants to be trained on all topics of relevance. Making a difference to society by helping people overcome financial challenges involves proficiency, efficiency, cooperation and team work. Paamonim stands out through its professional leaders and volunteers, who are responsible for setting the vision and direction that defines Paamonim


We offer our knowledge and organizational capabilities to government ministries and other establishments, and partner with them to assist, strengthen and motivate vulnerable populations towards financial resilience, and freedom

Main Values Activities
Charity org- NGO Wide array of services
Personal responsibility Support families and individuals experiencing  temporary financial hardship
Volunteering Support families and individuals experiencing  long-term financial hardship
Professionalism Providing skills and knowledge
Partnerships Creating public and social awareness to the pain inflicted by low percentage of financial literacy

contact us: info@paamonim.org

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        Please note that the information and the answers given are general and incomplete and do not come to replace professional personal advice based on the applicant's personal data. If you decide to act on the basis of this information, you bear full and sole responsibility for your actions and results and shall no responsibility for organizing bells or his representative.

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          Please ask us about anything that is bothering you about household economics in Israel. You do not have to disclose any of your personal details or any information about your economic situation.
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          Please note, the information and answers are of a general nature, and not comprehensive. They are no substitute for professional personal counseling, based on the particular details of the applicant. If you decide to take any action on the basis of the information you receive from "Paamonim Answers", you take complete and exclusive responsibility for your actions and their consequences. No responsibility falls on the Paamonim Organization or on any of its representatives.

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