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.

Youth Savings Patterns and Performance in Colombia, Ghana, Kenya, and Nepal

Johnson, L., Lee, Y., Ansong, D., Sherraden, M. S., Chowa, A. N., Ssewamala, F., … Saavedra, J. (2015). Youth savings patterns and performance in Colombia, Ghana, Kenya, and Nepal (YouthSave Research Report No. 15-01). St. Louis, MO: Washington University, Center for Social Development.

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.

Youth Savings Patterns and Performance in Colombia, Ghana, Kenya, and Nepal

Johnson, L., Lee, Y. S., Sherraden, M., Chowa, G. A. N., Ansong, D., Ssewamala, F., … Saavedra, J. (2013, October). Youth savings patterns and performance in Colombia, Ghana, Kenya, and Nepal (YouthSave Research Brief No. 13-26). St. Louis, MO: Washington University, Center for Social Development.

Savings Patterns and Performance in Colombia, Ghana, Kenya, and Nepal

Johnson, L., Lee, Y. S., Sherraden, M., Chowa, G. A. N., Ansong, D., Ssewamala, F., … Saavedra, J. (2013). Savings patterns and performance in Colombia, Ghana, Kenya, and Nepal (YouthSave Research Report No. 13-18). St. Louis, MO: Washington University, Center for Social Development.

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.

Child finance meeting brings voices from around the world

Researchers and practitioners from around the globe met at the Brown School at Washington University in St. Louis this week to make strides toward increased financial awareness of children and youth.

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.