Financial Capability and Asset Development: Research, Education, Policy, and Practice

by Julie Birkenmaier, Margaret Sherraden, Jami Curley

Overview

As financial issues are currently a major concern for families, scholars, and practitioners, students have increased their interest in knowledge and skills for practice that addresses finances. Unfortunately, social workers and other helping professionals often lack preparation, knowledge, and skills to tackle increasingly complex financial problems facing their clients. This volume fills a significant gap by assembling the latest evidence about financial education and financial capability in low-income households, and linking it to education, policy, and practice for helping professionals.
Financial capability, or the ability of people to understand and act in their best financial interest, includes financial knowledge or "financial literacy" and access to beneficial financial services. This volume builds on theoretical, research, policy, and program developments over the past two decades. This book develops the idea and presents evidence that financial capability has a viral role to play in social work research, education, policy, and practice. It examines recent work by scholars who are generating knowledge and understanding about the role of financial capability on individual, family, and community well-being. The volume also reviews initial efforts to build professional capacity in social work to address the financial issues of low- and moderate-income and other vulnerable households and develops an agenda for future research and education.

Product Details

ISBN-13:	9780199755950
Publisher:	Oxford University Press
Publication date:	02/08/2013
Edition description:	New Edition
Pages:	384
Product dimensions:	6.50(w) x 9.30(h) x 1.00(d)

About the Author

Julie Birkenmaier, PhD, is Associate Professor, School of Social Work, St. Louis University.
Jami Curley, PhD, is Assistant Professor of Social Work at St. Louis University and Faculty Associate, Center for Social Development, Washington University in St. Louis.
Margaret Sherraden, PhD, is Professor of Social Work, University of Missouri-St. Louis, and Research Professor, Center for Social Development, Washington University in St. Louis.

Table of Contents

Introduction

Part I. Theory and Background

Chapter 1. Building Blocks of Financial Capability

Chapter 2. Social Workers and Financial Capability in the Profession's First Half Century

Chapter 3. Paradigms of Anti-Poverty Policy


Part II. Innovations in Financial Capability

Chapter 4. Financial Capability Among Survivors of Domestic Violence

Chapter 5. Low-Income Parents of Pre-School Children: Financial Knowledge, Attitudes, Practices, and Ownership


Chapter 6. Financial Issues and an Aging Population: Responding to an Increased Potential for Financial Abuse and Exploitation

Chapter 7. Improving Financial Capacity Among Low-Income Immigrants: Effects of a Financial Education Program

Chapter 8. Developing Financial Capability through IDA Savings Club

Chapter 9. Income Tax Time as a Time to Build Financial Capability

Chapter 10. Building Financial Capability of Native American Households

Chapter 11. Financial and Asset Building Capabilities of Southwest Border Working
Families:


Part III. Social Work Education, Practice, and Curriculum Development

Chapter 12. Financial Capabilities of Service Providers in the Asset Building Field

Chapter 13. The Role of Social Work in Financial Capability: Shaping Curricular Approaches

Chapter 14. Building the Capacity of Social Workers to Enhance Financial Capability

Chapter 15. Conclusion: Building Financial Capability of Financially Vulnerable Families