Achieving financial capability for all: What will it take?

Millions of families in the United States are financially unstable, and they have few places to turn for guidance and support. Margaret Sherraden hopes to change that by marshalling a largely overlooked resource: The professionals at thousands of community-based organizations who deliver services to low-income people.

New textbook focuses on financially vulnerable families

The first textbook to focus on financially vulnerable households is now available from Oxford University Press. “Financial Capability and Asset Building in Vulnerable Households: Theory and Practice” teaches about financial capability and asset building through the stories of four families whose lives unfold over 23 chapters.

Forum focuses on financial capability for vulnerable families

​​To celebrate Financial Capability Month, the Center for Social Development and the Center for Household Financial Stability at the St. Louis Federal Reserve convened a forum, “Coin a Better Future: Reaching Out to Financially Vulnerable Families.”

Singapore starts FCAB project to train social workers

Springing from work at the Center for Social Development, a Financial Capability and Asset Building initiative is underway in Singapore. Soon social workers there will develop knowledge and skills for working with low-income families on their household finances.

Financial Capability and Asset Building in Social Work Education

Frey, J. J., Sherraden, M. S., Birkenmaier, J., & Callahan, C. (2017). Financial capability and asset building in social work education. Journal of Social Work Education, 53(1), 79–83. doi:10.1080/10437797.2016.1256170

Journal features special section on FCAB

The Journal of Social Work Education has posted its January issue with a special section on Financial Capability and Asset Building. The papers originated as part of the Center for Social Development’s 2015 FCAB conference Financial Capability and Asset Building: Advancing Education, Research, and Practice in Social Work.

Workshop focuses on tools for clients’ financial well-being

​A program specialist from the Consumer Financial Protection Bureau and a senior consultant from ICF helped to lead a recent professional development workshop at the Brown School, “Behind on Bills: Tools to Help Your Clients Secure Greater Financial Well-Being.”

CSD celebrates, highlights global partners’ work in Asia, Africa

We are pleased to share news from and highlight ongoing collaborations with our global partners the Centre for Social Development Asia, at the National University of Singapore, and the Centre for Social Development in Africa, at the University of Johannesburg.

FCAB takes stage at WUSTL-Wells Fargo celebration

The Financial Capability & Asset Building initiative was highlighted Tuesday during a celebration showcasing four Washington University in St. Louis initiatives funded by a $5.3 million gift from Wells Fargo Advisors.

FCAB course comes to Brown School

“Financial Capability Practice” — a course based on the Center for Social Development’s new Financial Capability & Asset Building curriculum — begins in January at the George Warren Brown School of Social Work.

CSD initiative aims to fill gap in financial capability training

​Financial capability is central to the success of individuals, families and communities, yet social workers and other human service professionals are often ill-equipped when addressing such issues with financially vulnerable clients.