Financial Capability
Financial capability is an important step on the path to financial security. At Prosperity Now, we define financial capability as the capacity, based on knowledge, skills, and access, to manage financial resources effectively.Financial capability services are effective in building long-term financial security. However, creating standalone financial capability services can be cost-prohibitive. We see an opportunity to integrate these services into already-existing human service programs, such as community health centers, early childhood education and more. This integration strategy works because it allows service providers to meet clients where they are.
Analyzing the Landscape of Saving Solutions for Low-Income Families Part 1: The Savings Crisis and the Need for Holistic Solutions
America currently faces a savings crisis, as nearly half of the U.S. population doesn't have $400 to cover an unanticipated...
Tools for Integrating Credit-Building Services
The tools below are designed for organizations interested in integrating credit-building products and services into their programs. They will help...
Paving the Way: A Roadmap for Organizations Partnering to Deliver Financial Capability Services
This brief shares learnings about the process of planning for and delivering financial capability services within organizations and across partners.
What Financial Capability Means at Every Age
The story of financial capability comes back to one simple thing: what's going on in your life?
Building Financial Capability: A Planning Guide for Integrated Services
Building Financial Capability is an interactive resource to help organizations integrate financial capability.
Resources
Expanding Educational Opportunity Through Savings
This brief explains the importance of supporting CSAs to boost educational opportunities.
Building Financial Capability: A Planning Guide for Integrated Services
Building Financial Capability is an interactive resource to help organizations integrate financial capability.
Meeting People Where They Are: Five Lessons for Integrating Financial Capability Services
This document highlights the lessons and successes from that Learning Cluster so other organizations can learn from their experiences.