Tag: asset building

The Cavalry Is Us: Civil Rights and Cooperative Action

In our nation’s most vulnerable places, every vulnerable person and those more fortunate who care about their well being, are best served when we come together to help ourselves.

Unstacking the Deck for African-American Entrepreneurs

The truth is most entrepreneurs’ firms don’t grow quickly, employ people, or earn much money. And, more importantly, entrepreneurial success has far less to do with exceptional skill than with one’s ability to weather repeated failure and financial loss.

Reflecting and Planning Using a Community Wealth Building Lens

Over an organization’s 25 years in existence, how do staff and volunteers measure impact and build off of lessons learned to guide their next steps forward?

These States Are Trying to Level the Field for Disadvantaged Students

How would the trajectories of children’s lives change if they knew that their state, their community and their parents were investing in their future success for as long as they could remember?

Context for the Racial Wealth Divide May Free American Minds, and...

Black people were excluded from many of the income and wealth-building programs that helped build the foundation of white Americans’ wealth today.

Millennial Women and Retirement Savings: Start Where You Are

Today, most women have the autonomy and ability to take charge of our finances, but we don’t all do it.

In Which a Skeptic Is Won Over to Child Savings Accounts

While I am a firm believer in equal access to higher education for all, it’s over-emphasized in our individualistic culture as a solution to society’s woes.

In Pursuit of Financial Well-Being: A Conversation on Fairness, Accessibility, and...

In a world of growing financial complexity, predatory products, stagnating wages, and escalating inequality, financial insecurity is a dramatic problem. We gathered a group of leaders who are combating financial insecurity for a conversation on how it all relates.

Being “Well,” Financially

What does it take to achieve financial security for the millions of American households without it? Clearly full employment, higher wages, and a more robust safety net would be some major components. But as important as those are, they aren’t the full picture. Assets are an important counterweight to income.

Q: Why don’t low-income families save?

A. Actually they do! However, they tend to be saving for the short term, rather than the long term.

College Bound: A Look at Children’s Savings Accounts

Children's savings accounts for higher education, even those that have accumulated only small amounts of money, can change expectations for low-income students and they might also provide a vehicle for larger wealth transfers.

In LA, a New Resource to Pull Families Back From the...

Regardless of income level, a family that is just getting by is locked in a state of stress and vulnerability.

True Financial Capability Requires Expanding the Definition of Wealth

What is productive agricultural land and clean water worth? What are strong communal relationships worth? What is a clear connection to heritage, to culture, to past, to future, and self, worth?

Scoring Homeownership: Looking at the Long Game

Today’s economic climate offers little hope to many struggling families. Family incomes still lag in comparison, for example, to rising housing costs in many markets.

Keeping Justice in Mind as We Talk Asset-Building

I attended my first ever Assets Learning Conference, put on by CFED last week, and I have to say it was mighty impressive. And I was particularly pleased to see that economic justice and things like reforming the tax code to be less regressive and reward savings by low- and middle-income Americans, rather than mostly […]

Q: Are manufactured homes a bad form of affordable housing?

A: Not any more! There are many myths out there about manufactured (or "mobile") homes, but in fact they can be a very important source of quality affordable housing...

Q: Does shared-equity homeownership build assets?

A: Yes! And keeps them safer than traditional homeownership does.

Best of Both Worlds

Permanent affordability and asset building might seem at first blush to be contradictory goals for a low-income homeownership program, but new research says in fact they can be achieved together.