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ERIC Number: ED499576
Record Type: Non-Journal
Publication Date: 2005-Sep
Pages: 16
Abstractor: ERIC
Reference Count: 0
ISBN: N/A
ISSN: N/A
Providing and Funding Financial Literacy Programs for Low Income Adults and Youth. Strategy Brief
Friedman, Pamela
Finance Project
Making effective financial decisions and knowing how to manage money are skills critical to enjoying a secure financial future. Yet many individuals and families lack the knowledge necessary to make sound financial choices, as evidenced by falling savings rates, mounting consumer debt, and a growing dependence on alternative banking institutions. These indicators suggest that access to financial literacy programs is a pressing need in our society, especially for groups such as youth and families transitioning from welfare to self-sufficiency. This brief presents key principles and funding sources for designing and operating financial literacy programs for low-income adults and youth. The brief is intended to give community leaders, policy makers, and program developers a better understanding of effective approaches to providing financial literacy training for low-income adults and youth. (Contains 22 footnotes.)
Finance Project. 1401 New York Avenue NW Suite 800, Washington, DC 20005. Tel: 202-628-4200; Fax: 202-628-1293; e-mail: info@financeproject.org; Web site: http://www.financeproject.org
Publication Type: Reports - Descriptive
Education Level: Adult Education
Audience: Community; Policymakers
Language: English
Sponsor: N/A
Authoring Institution: Finance Project, Washington, DC.