Featured Pub Books & Chapters Financial Capability

Human Service Professionals: A Ready Workforce for Financial Capability

In this essay from The Future of Building Wealth: Brief Essays on the Best Ideas to Build Wealth—for Everyone, Margaret S. Sherraden, Jin Huang, and Jenny L. Jones make the case for a national initiative to train social workers and other human-service professionals in financial capability practice.

With such an effort, the authors assert, “The nation could put in place a vastly more skilled and highly committed workforce in financial capability. This would improve household financial management, widen access to beneficial financial services and advance social policies that increase the financial capability of vulnerable families. The payoffs in household functioning, crisis avoidance and economic productivity would more than return this value to society.”

Project: Financial Capability & Asset Building (FCAB)


Sherraden, M. S., Huang, J., & Jones, J. L. (2021). Human service professionals: A ready workforce for financial capability. In R. Boshara & I. Rademacher (Eds.), The future of building wealth: Brief essays on the best ideas to build wealth—for everyone (pp. 193–199). Federal Reserve Bank of St. Louis & Aspen Institute. https://futureofwealth.org/wp-content/uploads/2021/09/Sec-3.pdf