Screen LibraryFinancial capability and asset building in vulnerable households : theory and practice /
"Financial struggles of American families are headline news. In communities across the nation, families feel the pinch of stagnant and sometimes declining incomes. Many have not recovered from the Great Recession, when millions lost their homes and retirement savings. They are bombarded daily w...
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| Main Authors: | |
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| Group Author: | ; |
| Published: |
Oxford University Press,
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| Publisher Address: | New York, NY : |
| Publication Dates: | [2018] |
| Literature type: | Book |
| Language: | English |
| Subjects: | |
| Summary: |
"Financial struggles of American families are headline news. In communities across the nation, families feel the pinch of stagnant and sometimes declining incomes. Many have not recovered from the Great Recession, when millions lost their homes and retirement savings. They are bombarded daily with vexing financial decisions: Which bills to pay? Where to cash checks? How to cover an emergency? How to improve a credit report? How to bank online? How to save for the future? Low- and moderate-income families have few places to turn for guidance on financial matters. Not many can afford to pay a financial advisor to help navigate an increasingly complex financial world. They do their best with advice from family and trusted individuals. Social workers, financial counselors, and human services professionals can help. As Financial Capability and Asset Building in Vulnerable Households prepares social workers, financial counselors, and other human service professionals for financial practice with vulnerable families. Building on more than 20 years of research, the book sets the stage with key concepts, historical antecedents, and current financial challenges of families in America. It provides knowledge and tools to assist families in pressing financial circumstances, and offers a lifespan perspective of financial capability and environmental influences on financial behaviors and actions. Furthermore, the text details practice principles and skills for direct interventions, as well as for designing financial services and policy innovations. It is an essential resource for preparing the next generation of practitioners who can enable families to achieve economic security and development." -- |
| Carrier Form: | xxv, 441 pages : illustrations, maps ; 28 cm |
| Bibliography: | Includes bibliographical references and index. |
| ISBN: |
9780190238568 0190238569 |
| Index Number: | HB822 |
| CLC: | F063.4 |
| Call Number: | F063.4/S553 |
| Contents: | Financial well-being: basic concepts -- Financial vulnerability in American families: a portrait -- History of financial capability and asset building in America -- Financial institutions, products, and services -- Understanding household finances: income statements and balance sheets -- Household income -- Taxes and financially vulnerable households -- Values, goals, and spending plans -- Short-term and emergency savings -- Long-term savings and asset accumulation: building a future -- Credit and credit building -- Higher education -- Housing and homeownership -- Debt, problem debt, and debt negotiation -- Risk management and insurance -- Identity theft and protection -- Collections, garnishments, and bankruptcy -- Preparing for financial security in old age -- Putting financial affairs in order: estate planning -- Financial capability in the social environment: preparing for financial capability and asset-building practice -- Financial practice with individuals and families -- Financial capability and asset building in organizations, communities, and policy -- Career pathways in financial capability and asset-building practice. |