Build financial capability for all

WP13Nearly half of all American households are financially insecure, without adequate savings to meet basic living expenses for three months. We can significantly reduce economic hardship and the debilitating effects of poverty by adopting social policies that bolster lifelong income generation and safe retirement accounts; expand workforce training and re-training; and provide financial literacy and access to quality affordable financial services.

Network Co-Leads to Build Financial Capability for All: Julie Birkenmaier, Jin Huang, and Margaret Sherraden.

 

Policy Resources

Huang, J., Sherraden, M. S., Clancy, M. M., Sherraden, M., Birkenmaier, J., Despard, M., … Rothwell, D. (2016, September). Policy recommendations for meeting the Grand Challenge to Build Financial Capability and Assets for All (Grand Challenges for Social Work Initiative Policy Brief No. 11). Cleveland, OH: American Academy of Social Work & Social Welfare.

Policy action statement.  “Build financial capability and assets for all and Reduce extreme economic inequality.” Actions target universal and progressive Child Development Accounts as a policy vehicle for lifelong asset building.

Events

UPCOMING, YOU ARE INVITED!!  January 10-11, 2018 “Third Convening on Financial Capability and Asset Building: Using Evidence to Influence Policy and Practice.” Prior to SSWR annual conference. Click here for more information and to register.

April 27, 2016, “Thinking Money: The Psychology Behind our Best and Worst Financial Decisions” Film Viewing and Panel, University of Maryland, School of Social Work. Click here for more details.

Webinar #2 – January 2017
Building Financial Capability and Assets for All [webinar] [powerpoint slides]

News

Singapore starts FCAB project to train social workers.

Journals turn attention to financial capability and asset building.