Achieving Financial Resilience in the Face of Financial Setbacks

Financial shocks like these happen to financially vulnerable families every day. Such shocks destabilize household finances and can create hardships that threaten overall well-being. Having tools to manage financial emergencies is critical for people’s long-run financial security.

The Asset Funders Network (AFN) developed this primer to inform community-based strategies that can help economically-vulnerable families to better manage financial setbacks, shortfalls, and shocks. The goal of this brief is to provide a common understanding and language for funders and financial capability programs as part of a financial emergency toolkit.



Achieving financial resilience in the face of financial setbacks

The Asset Funders Network (AFN) developed this primer to inform community-based strategies that can help economically-vulnerable families to better manage financial setbacks, shortfalls, and shocks. The goal of this brief is to provide a common understanding and language for funders and financial capability programs as part of a financial emergency toolkit.



Financial Capability Scale

The Center for Financial Security (CFS) and Annie E. Casey Foundation have developed a short set of standardized client outcome measures to create the Financial Capability Scale (FCS). 

In 2011, CFS worked with four organizations to collect data on client outcome measures, with the goal of refining a small set of measures that can be used across programs. The project aimed to increase coordination across organizations so the financial coaching field can improve its capacity to demonstrate client impacts. The findings from the project extend beyond the coaching field and can be applied to other financial capability services. 

My Budget Coach Pilot Evaluation


This pilot study explores the delivery and effectiveness of MyBudgetCoach, a financial coaching program designed to help low- and moderate-income adults develop budgeting skills, set financial goals, and work towards those goals. Specifically, this study compares two modes of program delivery, traditional in-person coaching and fully remote coaching. By testing financial coaching in these two contexts, this project seeks to generate a deeper understanding of the mechanisms that underpin coaching and the role technology may play in facilitating behavior change.




Workplace Financial Education’s Effects on Retirement Planning

Moving to Financial Capability Through Financial Coaching

MyBudgetCoach Pilot Study: Summary of Findings

MyBudgetCoach Pilot Evaluation: Final Report

Financial Coaching: An Asset-Building Strategy

Financial coaching is a promising strategy to help people improve their financial well-being, but is often not yet universally understood. Practitioners are turning to coaching strategies to better facilitate behaviour change as opposed to the disappointing results often found when only financial education or financial access programs are introduced. Shared insights on financial coaching can help shape collective action by funders seeking to facilitate greater financial capability among targeted populations.



Finding A Yardstick – Field Testing Outcome Measures for Community-based Financial Coaching and Capability Programs

Impact of Financial Counseling on Financial Stability : Analysis of the New York model

In-depth Financial Coaching Interviews Final Report

Using Technology in Financial Coaching