Youth
Asset building and financial education programs are
essential to help young people develop savings habits and accumulate
assets that will put them on a pathway to financial stability and
well-being. The youth field already has many financial asset-building
strategies, including micro-credit, youth entrepreneurship, youth
financial literacy, youth credit bureaus and many employment/training
programs. In fact, almost any youth program can be seen as an
opportunity to help young people develop human capital (education and
training), build financial assets, and become effective and financially
savvy citizens.
Resources:
U.S. Children Experiencing Material Hardships (2002)
Description: Chart comparing the material hardships of children based on their disability status and income, relative to the federal poverty level.
National Center for Children in Poverty's Demographic Profiles
Description: The National Center for Children in Poverty’s Demographic Profiles provide state-specific data on the characteristics of children in poor and low-income families by age. Children living in families with incomes below the federal poverty level – $22,050 for a family of four in 2009 – are referred to as poor. Children living in families with incomes below twice this level are referred to as low income.
