Books & Chapters Financial Capability Financial Inclusion

Financial Capability and Asset Building in Vulnerable Households: Theory and Practice

Financial Capability and Asset Building in Vulnerable Households is the first text book to focus on financially vulnerable households. Other texts on household (personal) finance focus on  middle- to upper-income populations. The book promotes two unique conceptualizations: (1) financial capability depends not only on individual knowledge and behavior, but also on what is possible in the environment; and (2) it offers tools for practitioners for building assets in low-income households, beyond simply stabilizing income. The reader learns about financial capability and asset building through the eyes of four families whose cases unfold over 23 chapters. With backgrounds perfectly suited to tackle this topic, the authors combine a wealth of knowledge and perspectives from social work and financial services.


Sherraden, M. S., Birkenmaier, J., & Collins, J. M. (2018). Financial capability and asset building in vulnerable households: Theory and practice. New York, NY: Oxford University Press.