The implementation of the Workforce Innovation and Opportunity Act (WIOA), signed into law in 2014, presents an extraordinary opportunity for the publicly-funded workforce development system. The system can now demonstrate its ability to improve job and career options for our workers, job-seekers, and youth, including those with disabilities and other barriers to employment, through an integrated, job-driven network that links diverse talent to businesses and supports the development of strong regional economies. In January 2016, collaborative teams from across the United States and its territories met in Washington, D.C., for a national convening entitled, “One Team, One Vision, One Conversation.”
February is African American History month and the SSRC is highlighting recent research on parenting and child support and how these issues impact African American families. This newsletter also provides information on our new Emerging Scholar, Dr. Sarah Kimberlin, and events including an upcoming SSRC webinar on connecting opportunity youth to work, and OPRE’s 2016 Research and Evaluation Conference on Self-Sufficiency (RECS).
Helping Older Youth Become Financially Self-Sufficient
Financial capability is the capacity to manage financial resources. Built on a base of knowledge and skills, it provides the foundation that youth need to become self-sufficient adults. A new webpage on the Child Welfare Information Gateway website provides resources that can be used by service providers and youth to help prepare youth to navigate the financial marketplace and to set and reach financial goals.
Created to provide great resources to older youth and the child welfare professionals working with them, the page provides information on how to help youth understand more about their own capacity for building and maintaining financial capital. In particular, the Financial Empowerment Toolkit, which covers topics such as credit, taxes, insurance, and others, is a comprehensive resource developed by the Department of Health and Human Services’ Administration for Children, Youth and Families and the Office of Community Services. It provides caseworkers, foster parents, young adults transitioning out of foster care, and other interested parties with strategies and resources to improve financial capabilities of youth in foster care.
Check out the toolkit and other great resources at https://www.childwelfare.gov/topics/outofhome/independent/support/support-services-for-youth-in-transition-financial-capability/.
Personal financial education can help students make the most of their money throughout their lives. If you’re a middle school educator, you can find free resources to help teach your students key concepts using real-life examples from personal finance.
Check out Money Math: Lessons for Life for lesson plans, teaching tips, and more.
Get more financial education resources for teachers at Kids.gov
You can dowload to click here, tools money math
Do you use a mobile app to pay your bills or check account balances? Have you taken a photo of a check with your smartphone and deposited it into your account? If you answered yes to either of these questions, you are going mobile and you are not alone. Our recent report provides a summary of the key takeaways from comments we received from industry, consumer groups, regulators, and others in response to a Request for Information on mobile financial services.
Read about the opportunities and risks of mobile financial services for the underserved by reading our new report here: