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The Inclusive Economy

Getting a Head Start on Financial Security

By Sean Luechtefeld on 08/06/2012 @ 05:30 PM

EDITOR'S NOTE: This story initially appeared in our August 2012 Newsletter. Make sure you're receiving news and updates like this one by signing up for CFED's mailing list.

This morning, CFED released the first in a series of guides exploring how the delivery of services that emphasize asset building can be integrated into other types of human and social service delivery programs. Getting a Head Start on Financial Security, co-authored by Leigh Tivol and Jennifer Brooks, examines a range of strategies that stakeholders in the Head Start community can use to engage asset-building practitioners in their work to strengthen the overall household financial security of the families they serve.

Because Head Start reaches nearly one million children annually, it is a logical venue for connecting low-income families with programs and services that improve long-term economic prospects. Built on this notion, Getting a Head Start on Financial Security is broken down into seven main categories that correlate to the activities around which Head Start and asset-building practitioners can collaborate. Specifically, these communities should work together to inform and empower children and adults through financial education, facilitate family access to public benefits, link families to EITC and free tax preparation, get families banked, encourage savings by matching deposits, help families buy and keep homes, and advocate for policy change at the state and federal levels.

To read more about how asset-building approaches can be integrated into Head Start service delivery, visit CFED’s Knowledge Center and download Getting a Head Start on Financial Security today.

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