From Paychecks to Prosperity: Lessons Learned from Integrating Financial Capability Services into Youth Workforce Programs
In 2017, 4.6 million young people ages 16-24 were disconnected from work or education. Most of these opportunity youth are from low-income households and face a myriad of challenges, but they demonstrate resiliency and are motivated toward financial stability and independence. Financial capability services, while not a silver bullet, can help youth build financial confidence, develop financial goals, and understand the impact of their financial choices. Supported by the Citi Foundation, Prosperity Now launched the Youth Financial Capability Fund (YFCF) as a support to workforce development organization serving youth. The YFCF involves five national youth workforce development organizations who have worked to embed financial capability services into their existing programs. These organizations are: Genesys Works, Juma Ventures, NPower, STRIVE International and Urban Alliance.
Join us in conversation with the YFCF partners to learn more about their approach, programs, and lessons learned from the YFCF! All lessons and insights from the YFCF are captured in Prosperity Now’s new report, From Paychecks to Prosperity – Building the Financial Capability of Youth in Workforce Programs, written in partnership with Citi Foundation.