This is the slide deck from a webinar by Community Action Partnership for the CFED, on the racial wealth divide and the challenge of wealth building for families of color in the United States. Racial Inequality has always had economic inequality at its foundation....
The City of Toronto has been tackling poverty issues for many years. City strategies, programs, and services provide targeted supports to individuals, families, and neighbourhoods. Some of these initiatives are now best practices adopted by other cities. We must continue to do the things that...
This is a presentation given at the CFED Assets Learning Conference in 2014. The session objectives were that by the end of the session, participants will have: Shared what type of organization they work with and your experience with integration; Named for yourself how you want to integrate or...
This is an infographic on the Adaptive Prosperity framework developed by the Indiana Association for Community Economic Development. This is a collaborative vision of empowerment and assets focused on all parts of a...
Tax time financial capability services offered at Volunteer Income Tax Assistance (VITA) sites range from encouraging taxpayers to save a portion of their refund to free credit reviews, to referrals to financial coaching, and others in between. This report from Prosperity Now summarizes research...
This is a Presentation showing several different frameworks for assets and financial capability, collected by the CFED. This includes the Household Financial Security framework, the Financial Capability Lifecycle, Road to Economic Security, and...
These are the webinar slides from the CFED webinar on asset limits and savings possibilities for Americans on social assistance. The webinar highlights findings from 3 research studies that explore asset limits and household financial security; discusses policy changes to asset limits and their...
CFED has developed a Household Financial Security Framework to help us think through what it takes, at the household level, to build financial security over time. Reducing poverty and achieving financial security and empowerment is a dynamic process in which households iteratively gain skills,...
This comprehensive resource from Prosperity Now supports organizations in developing a participant-centered financial coaching program. Grounded in a field survey, over 100 interviews, expert advice and beta-testing with six new financial coaching programs, the Coaching Guide highlights the...
This is Prosperity Now’s Taxpayer Opportunity Network VITA Volunteer Training platform, designed to help VITA volunteers (in the United States) train and become certified to provide free tax preparation services. These resources can provide a complete training or supplement the training offered...
This is a set of tools and resources developed by The Prosperity Agenda to implement a holistic vision of financial coaching for individuals and families. (Note: Accessing the toolkit requires submitting user...
Income volatility is an emerging, critical issue for understanding financial security today. American households seem to be facing increased instability and unpredictability in their financial lives. Despite the efforts of scores of researchers, there is no consensus on the extent of volatility...
Canada cannot and need not allow yet another generation of Indigenous citizens to languish in poverty. At a time when workforce replacement and skilled labour shortages occupy the attention of both business and government alike, the youngest and fastest growing demographic in the country struggles...
Financial vulnerability is not limited to the world’s poorest people or nations. Despite the United States’ relative wealth, many Americans are financially insecure, lacking either the ability to meet monthly bills or the necessary savings to cover unexpected expenses. Helping fragile consumers...
To paint a picture of how financial capability develops, the CFED has looked at three types of lifecycle events: Universal experiences: things that happen to everyone, like early childhood and middle school; Expected or recurring experiences: things that happen for most of us, but at different...
To address challenges around savings, the asset building and financial services fields have developed an array of solutions that attempt to support savings and wealth accumulation. However, the landscape of savings solutions is complex, difficult for households to navigate, and full of solutions...
Approaching anti-poverty work from this view point asks that we re-think the social compact between government and its constituents. It demands that we think beyond reactive policies focused narrowly on crisis intervention and preservation of the safety net, to policies that aim to proactively help...
As Congress debates a long-term path to American economic growth, American households confront their own daunting challenges to economic security and success. While tight budgets, polarized politics and a skeptical public constrain policymakers’ ambitions, Americans have yet to recover from the...
These are the slides from Webinar #2 in the Financial Coaching Listening & Learning Series hosted by the CFED and developed by the assets & Opportunity Network. This webinar examines key findings from the CFS Financial Coaching Census, reviews client-centred frameworks for financial...
This brief is the second of a five-part series that will highlight the need and opportunity for integrating financial capability services into social service programs to improve overall outcomes that lead to financial well-being. This brief focuses on why those working on employment and career...
Building Financial Capability: A Planning Guide for Integrated Services provides a roadmap for community-based organizations that wish to integrate services that build clients’ financial capability within their existing programs. The Guide sets forth three basic approaches an organization can...
This is the second in a series of briefs produced by a partnership between the Aspen Institute’s Expanding Prosperity Impact Collaborative (EPIC), Washington University’s Center for Social Development (CSD), and the Intuit Tax and Financial Center. The first brief highlighted new data on the...
The Children’s Savings Account (CSA) movement has taken off in the past few years. These programs provide long-term savings or investment accounts and savings incentives to help children build savings for their future. In 2016, CSA initiatives started in a diverse range of locations, such as...
These are the slides from Webinar #4 in the Financial Coaching Listening & Learning Series hosted by the CFED and developed by the assets & Opportunity Network. This webinar examines previous learning in the Financial Coaching & Counseling webinar series, discusses design,...
As the economy continues to be in turmoil, and recession feels like depression for tens of millions of low-income workers, financial coaching has emerged as a tool with great promise to create prosperity for low-income Americans. The field of financial coaching for low-income people is growing...