Update: Financial Capability Month

Financial Capability and Asset Building for All is one of the 12 Grand Challenges for Social Work and a growing practice in the social work profession. The Center for Social Development is committed to working with its partners to increase the financial capability of individuals, families, and communities across the globe!

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 hosts seminar for visitors from South Korea

The Center for Social Development hosted a seminar this month for social workers and others from South Korea, part of a larger training program focused on developing financial capability for Korean youth.

Officials in Ghana hear YouthSave findings, explore next steps

​Top Ghana officials, representatives from more than 20 financial institutions and practitioners met in April in Accra, Ghana, to learn about YouthSave research findings and how they could encourage young people to open bank accounts and save.

New report explores global lessons from youth savings

In 2010, researchers in the vast YouthSave Initiative started investigating whether low-income youth can build savings in the developing countries of Colombia, Ghana, Kenya and Nepal. Now their findings are summarized in a newly released report.

‘Taking the bank to the youth’ proves fruitful, researchers find

YouthSave researchers gathered recently in Washington, D.C., to discuss what they learned over five years about how to provide scalable saving mechanisms to low-income youth—and what their findings could mean for youth development and financial inclusion.

$1.06M federal grant for St. Louis YouthBuild expands chances for at-risk youth

The U.S. Department of Labor on Monday confirmed a grant to St. Louis YouthBuild of $1.06 million to support academic and occupational skills training for at-risk youth. Washington University is is a partner with YouthBuild, a relationship that was seeded by an event early this year initiated by the Center for Social Development.

Kids in developing countries can, do save

​Children in four developing countries saved more than $1.8 million during the YouthSave initiative, one of the largest scientific studies of the effect of savings on people ages 12 to 18.

Interdisciplinary efforts on economic fragility spark new book, May 28 policy discussion in D.C.

The Great Recession and its aftermath — slow recovery, unemployment, underemployment and economic malaise — have produced an era unseen since the Great Depression. In an effort to study causes and find solutions, Washington University in St. Louis faculty from across disciplines are examining economic insecurity through the university’s Livable Lives Initiative.

CSD represented in Nepal at YouthSave event

Representatives from the Center for Social Development at Washington University recently traveled halfway around the world to meet with colleagues from the YouthSave Consortium, and had the unique opportunity to talk with Nepalese youth and learn more about their savings experience.

A glimpse into the lives of Ghanaian youth

Do Ghanaian youth have money? How do they get it? What do they do with it? These are questions we are beginning to answer in YouthSave using data from a baseline survey of over 6,000 in-school youth.