CFED’s Resource Directory is not only home to all of CFED’s publications, but also an extensive library of the latest tools, research and resources on asset building and expanding economic opportunity developed by the field. You can view the resources several different ways; publications published by CFED, resources sorted by topics/issue areas or perform a customized search of the complete library. The Directory is a work in progress so visit regularly for updates and new resources. If you would like to submit a resource to this directory, please email firstname.lastname@example.org.
This study examined the key financial product, service and capability needs of low- and moderate-income microbusiness owners and shed light on the extent to which they are being met by current market offerings. The study is based on a set of surveys that document business owners’ greatest financial challenges, the types of financial products and services they use and the aspects of financial management with which they struggle.
Five years into the economic recovery, most American families no longer live in fear of losing their jobs or their homes. Yet, these families continue to exist in a state of persistent financial insecurity, making it difficult to look beyond immediate needs and plan for a more secure future. While indicators like unemployment, foreclosure and credit card debt show a slow but steady decline, the percentage of people who do not have a personal financial safety net hasn’t budged. Nearly half (44%) of households in the United States are “liquid asset poor,” meaning they have less than three months’ worth of savings—conservatively measured as $5,887 for a family of four, or three times monthly income at the poverty level.
We’re pleased to present you with our 2012 Annual Report. Last year was packed with asset-building advances on several fronts, and we’re excited to share our accomplishments with you in our first-ever interactive Annual Report. This year’s Annual Report chronicles the progress that we’ve made in mainstreaming asset building. Advancements in research, victories in getting key policies passed and innovations in asset-building programs have all paved the path for a more prosperous American economy.
What we found at the three BETA Project partner sites is encouraging. Small changes to program design, inspired
by behavioral economics, can have a significant impact on program effectiveness.