Friday, November 16th, 2018
Category: Financial Education
Build Financial Capability and Assets for All: A Grand Challenge
Low income and vulnerable Americans increasingly face difficult financial challenges, yet have few places to turn for guidance. This forum will outline efforts to improve the preparation of social workers and other human service practitioners to provide appropriate guidance for low income and vulnerable Americans. We provide an overview of ongoing efforts to build practitioner financial capacity, offer resources for practitioner use, and discuss collaboration opportunities. First, we introduce an initiative in social work to "build financial capability and assets for all" (FCAB), which was chosen in 2016 as one of 12 national "Grand Challenges for Social Work." We will discuss how it was chosen and how a professional network has been developed in response to this call to action on the "most compelling and critical social issues of our day" (Uehara et al, 2015). Second, we will introduce practitioner tools and resources, including a new FCAB textbook (Sherraden, Birkenmaier, & Collins, 2018), training webinars, policy briefs, and clearinghouses for financial and economic education and training, and we will conduct an interactive practice exercise. Finally, we will brainstorm opportunities for collaboration with forum participants, whether one is a researcher, practitioner, educator, or policymaker, with the aim of generating partnerships that contribute to building financial capability and assets for all.