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Financial Empowerment

Posted on 12/02/2010 @ 02:13 PM

May 15, 2013

Scaling Innovations for Low-Income Families

Highlights from the LISC and United Way conference last month on their experiences scaling integrated service delivery

May 9, 2013

Jennifer Vuich: On the Road to Financial Security

With a little help and free tax preparation services, Jennifer Vuich and her family are now financially stable

May 1, 2013

CFSI Gathers Market Leaders to Discuss Successful Underbanked Strategies

In fact, promising products and services like Piggymojo are popping up across the country.

Apr 23, 2013

Today is Teach Children to Save Day

This Teach Children to Save Day we're working to advance financial literacy and children's college savings accounts in the communities that need it the most

Apr 22, 2013

We Got 99 Problems...

With 99 applications from a diverse set of organizations, you might expect an infinite range of different problems and program challenges.

Apr 22, 2013

Children’s Savings Conversation Hits National Airwaves

The 13-minute segment was a powerful testament to starting children early on the path towards higher education and long-term financial well-being.

Apr 18, 2013

Five Lessons for Piloting Integrated Service Delivery

Read our five recommended strategies for integrating financial empowerment services into their existing social service delivery based on two pilots

Apr 17, 2013

How to Increase Financial Capability Among Disadvantaged Youth

MY Path youth had each accumulated an average of $735 though and saved an average of $507.

Mar 26, 2013

Lost Generations? Wealth Building Among the Young

The young have been faring poorly in the job market for some time now, a condition only exacerbated by the Great Recession

Mar 7, 2013

Take Action on Hunger with 'A Place at the Table'

A Place at the Table, a film concerning hunger in the United States, was released last week across the country.

Mar 5, 2013

Why You Absolutely Need an Emergency Fund

One important step in preparing for your future financially is building up an emergency fund.

Mar 4, 2013

Insights from the Ideas for Action Awards: Financial Asset Building

Don't miss this national audio conference that will explore programs that help families build financial assets

Feb 28, 2013

Only Half of Americans Have Good Savings Habits

The sixth annual national survey assessing household saving has been released.

Feb 25, 2013

Six Steps that City Leaders Can Take to Increase Family Economic Security

This free, hour-long webinar, which will be held Thurs., Feb. 28, at 2:30 p.m. Eastern Time

Feb 22, 2013

Gearing Up for America Saves Week 2013

Mark your calendars for America Saves Week 2013!

Feb 11, 2013

Is Your 401(k) Obsolete?

New research by the firm HelloWallet finds that more than a quarter of Americans who have an employer-sponsored retirement plan

Jan 14, 2013

Win Big with D2D this Tax Season

Do you or your clients need a New Year’s resolution for 2013? Do you wish you had saved more of your federal

Jan 7, 2013

Improving Economic Mobility Through Increased Savings

Last month, Diane Calmus, Research Assistant in the Center for Policy Innovation at the

Dec 14, 2012

Savings Bonds: The Season's "Should-Have" Stocking Stuffer

For many Americans, the winter holidays are an orgy of shopping and consumption. On Black Friday

Dec 7, 2012

Intuit Wants to Make Your Small Business Dream Come True

Tell Intuit your small business wish, and it may just come true

Dec 5, 2012

Congressional Briefing on Center-Based Strategies for Moving Working Families into the Middle Class

United Way of the Bay Area (UWBA), Annie E. Casey Foundation, Local Initiatives Support Corporation (LISC),

Dec 3, 2012

CFED Selects Integrated Service Delivery Learning Cluster Participants

CFED is bringing together five organizations in an Intensive Learning Cluster to help them improve the

Nov 27, 2012

Building Assets & Wealth among Native Americans: Part One, Opportunities in Indian Country

This blog post is part one in a two-part series on building assets and wealth among Native Americans as a means to advance financial stability in low-income communities around the country.

Nov 21, 2012

Cut to the Front of the Line: Innovative Ways to Promote Saving

Behavioral economics heavily contributes to the way we design asset building and savings programs.

Nov 16, 2012

Success Story: New Financial Education Workshop in Texas

LIFT Texas and YWDallas team up to bring financial education to Dallas adults

Nov 16, 2012

Center for Financial Security at the University of Wisconsin-Madison Call for Concept Proposals

Concept proposal opportunity from the CFS at the University of Wisconsin-Madison

Nov 9, 2012

Be Your Own Boss! California’s Opportunity to Support Self-Employment and Job Creation

Right now, California leaders have the opportunity to assist the unemployed to become self-employed, create jobs and reduce the unemployment rolls – all at the same time.

Nov 1, 2012

"A Foot in the Door" Premieres in San Francisco

Tonight, the San Francisco Office of the Treasury will premiere "A Foot in the Door"

Oct 29, 2012

The Poor Can Save, Too

Conventional wisdom suggests that lower-income people are financially irresponsible and lack the skills needed

Oct 26, 2012

Celebrating National Women’s Small Business Month

This October, we're celebrating National Women Owned Small Business month and the accomplishments it recognizes

Oct 19, 2012

Matching the Promise

According to a recent study by EARN, 87% of parents believe that attaining a college degree is an important

Oct 12, 2012

A Foot in the Door

At last month’s Assets Learning Conference (ALC), we debuted “A Foot in the Door,

Oct 10, 2012

Call for Papers: Emergency Savings Project

The CFS is launching the Emergency Savings Project with the support of the Charles

Oct 4, 2012

Our America is Healthy When All Residents Have Opportunity

Last week I was in DC attending a conference which focused solely on helping the underserved and underprivileged

Sep 17, 2012

Integrating Financial Empowerment Strategies into Housing and Homelessness Prevention Programs

While homelessness has been a “persistent and enduring feature in American history

Sep 4, 2012

CFED, ideas42 and the Citi Foundation Launch the BETA Project

The goal of the BETA Project is to tackle tough social problems by designing and testing behavioral interventions on real world products, processes and/or services. Three to five pilot organizations will be selected to participate in the project through a competitive application process.

Aug 8, 2012

MyMoneyAppUp: It's Not Too Late!

On June 27th, the U.S. Department of the Treasury, together long-time CFED collaborators

Jul 31, 2012

Call for Papers: Restoring Household Financial Stability

The Federal Reserve Bank of St. Louis invites the submission of research papers to be presented at a symposium

Jul 10, 2012

From Rags to Tatters: The State of the American Dream

The vast majority of Americans make more than their parents, but that doesn’t mean they’re climbing the economic ladder.

Jul 5, 2012

Treasury Launches MyMoneyAppUp Challenge

Challenge solicits ideas for mobile applications to help empower Americans with new tools to shape their financial futures

Jun 29, 2012

New Webinar: Credit Building is Asset Building

Credit is an essential building block for asset building. Without a solid credit score and credit history,

Jun 12, 2012

Alternative Financial Services Aren’t Just for Low-income People

Spectrem’s Millionaire Corner highlights findings from a report that concludes that middle-income Millennials rely on alternative financial services.

Apr 24, 2012

Teach Children to Save Day 2012

Teaching children the fundamentals of savings and financial education early in life means

Apr 20, 2012

"It is Little by Little Before the Bird Builds its Nest": My Pathway to Asset Building

Two years ago, when I saw a job opening at CFED, the decision apply was an easy one. As the daughter of Nigerian immigrants

Apr 16, 2012

Last Minute Tax Filers Can Still be Savers

Millions of workers will spend today and tomorrow doing their taxes in preparation of the April 17 filing deadline

Apr 5, 2012

New Hampshire's 100th Resident-Owned Community

People from more than 5,600 New Hampshire households, most of them low-income, have created affordable housing for themselves.

Apr 4, 2012

Is Financial Education in Schools on the Decline?

New data from the Council for Economic Education shows that school-based financial education has plateaued and may even be on the decline.

Apr 3, 2012

Evaluation in Action: Demonstrating Results, Measuring Impact and Informing Change in Financial Capability

The financial capability field is always looking for better, more rigorous ways to demonstrate results of financial coaching

Mar 29, 2012

“It’s What I Do, Not Who I Am”: A Behaviorally-Informed Hypothesis

In a brilliant display of nerd-dom, my friend, Jade, and I had a discussion at the dinner table the other night

Mar 23, 2012

What Banks Could Learn From Fringe Financial Service Providers

Yesterday, I came across a New York Times article that I re-posted to JoinBankOn.org about the challenges facing

Mar 8, 2012

National Financial Capability Challenge

It’s time for the annual National Financial Capability Challenge, sponsored by the U.S. Department of the Treasury and the U.S. Department of Education.

Mar 7, 2012

Financial Literacy: Strengthening Partnerships in Challenging Times

Forum participants discussed (1) needs and priorities in improving financial literacy; (2) roles and responsibilities of

Feb 28, 2012

Retirement Security Reform for the Future

On Thursday, February 16, CFED’s founder and Chairman Bob Friedman participated in a congressional briefing

Feb 24, 2012

Financial Access at Birth

What would it look like if every child in the U.S. started his or her life with an endowed account for use in saving for college

Feb 21, 2012

CFED Celebrates America Saves Week (February 19-26)

It’s officially America Saves week! From February 19 - 26, the America Saves campaign is calling on educators

Feb 17, 2012

Assets & Opportunity Profile Release: Dallas

Yesterday, CFED’s Vice President for Policy & Research, Ida Rademacher, joined Communities Foundation of Texas in Dallas

Feb 9, 2012

SaveUSA Program Saves Low-income Families Nearly $1 Million

New York City Mayor Bloomberg, Consumer Affairs Commissioner (and longtime CFED friend) Mintz

Feb 7, 2012

Managing Finances with That Special Someone

Showing affection doesn’t need to break the bank. This is seems obvious, but flies in the face of the logic

Jan 26, 2012

What’s Your Financial Security Score?

The Center for Financial Security (CFS) at the University of Wisconsin-Madison recently launched its Financial Security Index

Jan 17, 2012

Assets and Child Development in Rural America

Last week’s announcement of the latest Race to the Top grantees – this time a group of nine states

Dec 20, 2011

The Connection Between Family Wealth and Educational Attainment

A young person’s success in going to and graduating from college depends, at least in part, on

Dec 14, 2011

The Most Unbanked Places in America

Where are the all-time most unbanked places in America? New data is available for every census tract, city/place and county in the country.

Dec 13, 2011

New Report on Municipal Financial Empowerment

New York City’s Department of Consumer Affairs just released a report about its work

Dec 6, 2011

Beyond Credit Score: FICO and Credit Bureaus Get Personal

For over half a century now, credit scores generated by credit bureaus and analytics companies, most

Nov 28, 2011

CFED’s Levere Featured on Bay Area Public Radio

This morning, CFED’s President Andrea Levere was a featured guest on “Forum

Nov 17, 2011

Super Saver CD Helps Low-Income Earners Save

Saving money for the future is never an easy thing for anyone, no matter what our

Nov 17, 2011

Super Saver CD Helps Low-Income Earners Save

Saving money for the future is never an easy thing for anyone, no matter what our

Oct 27, 2011

Pew Releases New Research on the Unbanked and Underbanked

The Pew Health Group released a new report on the unbanked and underbanked in Los Angeles, "Slipping Behind: Low-Income Los Angeles Households Drift Further from the Financial Mainstream."

Oct 26, 2011

Town Hall on Financial Capability

On October 7, CFED Vice President for Assets & Opportunity Programs Carl Rist presented at a

Oct 5, 2011

Financial Literacy Seminar Series

The Federal Reserve Board and the Business School at George Washington University are happy to announce

Sep 28, 2011

Webinar Highlights: Changing Financial Behaviors of First-Year College Students

On Wednesday September 14, the Take Charge America Institute at the University of Arizona hosted a webinar

Sep 13, 2011

American Jobs Act Provides Resources for Start-up Businesses, Replacing Outdated Homes and Aid to Unemployed

President's jobs proposals would benefit microenterprises, new entrepreneurs, low-income workers

Sep 9, 2011

Wanted: Creative Thinking

Letter of Intent Deadline October 3: AARP Foundation Seeks Innovative Ideas on Income

Sep 7, 2011

Letter-to-the-Editor Published in Chicago Tribune

"New Lessons Behind Kids' Allowances" (News, Aug. 28) is interesting fodder for parents considering how best to

Sep 6, 2011

Forbes Interview with CFED Founder Bob Friedman

Forbes' Rahim Kanani recently interviewed CFED founder and general counsel Bob Friedman for his column that focuses on leadership in the social sector.

Aug 30, 2011

Payday Plus SF

The Office of Financial Empowerment has partnered with five credit unions to offer an alternative payday loan

Aug 23, 2011

Save the Savings Bond

FOR generations of children, the idea of saving first became real when a savings bond landed in a birthday

Aug 22, 2011

Play Games, Have Fun and Build Financial Prowess

Are you playing Angry Birds on your smartphone? Have you taken a break from work to play some Tetris or Bejewelled?

Aug 18, 2011

2011 KIDS COUNT Data Book Now Available

CFED is pleased to join the Annie E. Casey Foundation as a 2011 KIDS COUNT Data Book outreach partner.

Aug 4, 2011

Financial Education for Preschoolers: Findings and Resources

CFED is currently involved in a number of Children’s Savings Account initiatives serving young children

Jul 29, 2011

Financial Security: A Breakdown

Welcome back to our new series that analyzes the successes of our Strategic Plan for 2007-2011!

Jul 21, 2011

Innovator Towarnicky Points Out Flaws in WSJ Article

Here is a timely and hard-hitting post from CFED’s Innovative Idea Champion Jack Towarnicky, prompted by a recent front-page

Jul 8, 2011

D2D Award Nomination

Doorways to Dreams Fund (D2D) is proud to announce that Farm Blitz has been chosen as a finalist for the Direct Impact Award

Jun 21, 2011

Takeaways from CFSI’s Underbanked Forum

Last week, I attended the Center for Financial Services Innovation’s (CFSI) Underbanked Financial Services Forum.

May 18, 2011

Proposed bill would enable people with disabilities to open bank accounts, work and save

Recruit original cosponsors for Supplemental Security Income asset limit reform!

May 2, 2011

Recommended Read: Op-ed on Equal Pay

Longtime friend of CFED Mariko Lin Chang forwarded us the link to a recent op-ed that she

May 2, 2011

PLAY Motivates Children to Save

We want to congratulate Margaret Libby, executive director of Mission San Francisco Community Financial Center

Apr 28, 2011

Confessions of a Volunteer Tax Preparer

“Umm…how old are you? Are you sure you know how to do taxes?”

Apr 21, 2011

New America Foundation Webinar on City Financial Empowerment Initiatives

RSVP now for a webinar on the City Financial Empowerment Initiatives

Apr 19, 2011

National Financial Literacy Month

It's April, which means it's National Financial Literacy Month. In a recent presidential proclamation

Apr 13, 2011

A Win for Resident-Owned Communities

On October 29, I’M HOME partner PathStone Corporation facilitated the resident co-op purchase

Apr 13, 2011

Ed Ablard Advocates for Veterans

It is exciting to learn that Ed Ablard's advocacy with Pentagon Federal Credit Union, which

Mar 22, 2011

Integrating Asset Building Opportunities

AccountAbility Minnesota was founded in 1971 by a group of justice-minded accountants who believe that a person’s ability

Mar 14, 2011

Exciting Lessons from a Year of Behavioral Experimentation: A Look at What We Learned

Over the next few weeks we are thrilled to post early excerpts from a paper to be published this spring by 2010 Innovator-in-Residence Mindy

Mar 11, 2011

National Financial Capability Challenge

It’s that time of year again! No, I don’t mean Mardi Gras. I’m talking about the 2011 National Financial Capability Challenge, sponsored by the Department of Treasury.

Mar 8, 2011

Reporting On-Time Payments Low Cost and Easy Way to Improve Credit Access

The Huffington Post column, "Alternative Credit Reporting: Is Experian Really Going to Help You Rebuild Your Credit?", inaccurately describes the extensive research and proven impact of full-file reporting of utility and telecom data. The authors conflate utility and telecom payment data -- which has extensive research and practice demonstrating positive benefits -- with rental payments that is new data and lacks the same analysis and demonstration.

Mar 7, 2011

D2D Announces New Tax-Time Contests

Tax Day comes around far more quickly than expected year after year. And much like we do during New Years, we are forced to think about our actions and decisions throughout the past year, often making a list of empty resolutions - it’s not until we take that first step that we really commit to healthy change. To celebrate the new

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