Study on WU partnerships in China wins 2020 Best Article Award

On August 26, 2021, the China Journal of Social Work announced the 2020 Best Article Award, honoring a study by an international team of scholars that includes Center for Social Development (CSD) affiliates Michael Sherraden, Li Zou, Suo Deng, Jin Huang, Margaret Sherraden, and Nancy Morrow-Howell, as well as Shanti Khinduka, former dean of the […]

As nation struggles, conference sets sights on equity and financial inclusion

From across a nation struggling through the COVID-19 pandemic and a generally difficult year, over 150 scholars and practitioners gathered virtually on September 21 for “FCAB Policies: Race and Inequality in the COVID-19 Era,” Part 1 of the two-part convening “Financial Capability and Asset Building: Achievements, Challenges, and Next Steps.” They gathered to set an […]

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.

CSD experts spread financial capability concepts in China

The article is the first in Chinese to describe U.S. social workers’ growing view about the importance of policy changes and institutional arrangements for financial inclusion and capability, and to emphasize the unique role of social workers in achieving this goal.

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.”

New FCAB book coming in February

A new book about financial capability and asset building will be released next month. The 144-page book — “Financial Capability and Asset Building with Diverse Populations: Improving Financial Well-being in Families and Communities” — is aimed at policymakers, researchers and practitioners who assist financially vulnerable people.

Policy conference focuses on successes, solutions

More than 100 people from various parts of the country attended the Influencing Social Policy Policy Conference 2.0, Successes and Solutions: Policies that Work, in June at the George Warren Brown School of Social Work.

Financial Capability Month

The webinar, on April 25, was hosted by the Center for Social Development and the U.S. Consumer Financial Protection Bureau in collaboration with the Council on Social Work Education.

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!

Journals turn attention to financial capability, asset building

Recent proposals to change the scope of federal consumer protections bring to the fore a broader discussion about financial inclusion. Now three leading journals are heightening awareness of a national effort to reintroduce to social work a curriculum focused on building financial capability for all Americans.

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.”

Special issue focuses on financial capability, asset building

“Financial capability and asset building” is the theme of the 60th anniversary issue of Social Work. Articles by several researchers at the Center for Social Development were published in the October 2016 issue of the flagship journal of the National Association of Social Workers.

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.

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.

New book offers hope for ailing American family finances

“What It’s Worth: Strengthening the Financial Future of Families, Communities and the Nation” includes 40 essays by the nation’s leading experts on economics, financial services, public policy and philanthropy from across a broad range of sectors.

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.

FCAB speaker: Understand poor families, then create financial innovations

​People in the field of social work are crucial to broadening how to think about the poor and their financial decision making, Camille Busette, PhD, said in the keynote speech at the 2015 Convening on Financial Capability & Asset Building: Advancing Education, Research, and Practice in Social Work.

Journal: Start children early for financial success

The Great Recession exposed the financial fragility of millions of American families. Now researchers and policymakers are striving to improve the next generation’s grasp of personal finance and its access to safe financial products.

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.

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 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.

New book addresses gap in financial capability

Financial issues impacting families are receiving renewed attention and interest by scholars, practitioners and students. Unfortunately, social workers and other human service workers often lack preparation, knowledge and skills to tackle increasingly complex financial problems facing their clients.

Interviews with mothers of young children shed light on college savings

When every dollar is spent on necessities like diapers, gasoline and utilities, saving for college may be the furthest thing from a new parent’s mind. Mothers participating in a research study, however, suggest that a college savings account with $1,000 makes them feel optimistic about their children’s postsecondary education.