HUD: $75 Million Awarded to Help Low-Income Residents Receive Job Training and Employment
HUD Marks 25 Years of Helping Families Become Self-Sufficiency WASHINGTON – Twenty-five years ago this year, the U.S. Department of Housing and Urban Development (HUD) launched a program to help households living in assisted housing to become self-sufficient. Today, HUD marked the 25th anniversary of the Family Self-Sufficiency Program (FSS) by awarding $75 million to continue…
CFPB: Preparing America’s Young Workers for Success
The success of America’s young workers is critical to the strength of our economy. Millions of young people enter the workforce every year. Youth employment programs offered in local communities present a powerful opportunity to help young people develop healthy financial habits early and access services and products that can help them save, invest, and…
HUD: Secretary Carson Launches EnVision Center Initiative
Today, Dr. Ben Carson, Secretary of the U.S. Department of Housing and Urban Development announced the launch of EnVision Centers, a new initiative designed to help HUD-assisted households achieve self-sufficiency. Located on or near public housing developments, EnVision Centers will be centralized hubs that serve as an incubator for the four key pillars of self-…
CFPB: This Holiday Season, Help Your Kids Build Solid Money Habits
The holiday season provides plenty of opportunities to talk with kids about money, like when you go shopping or when your children receive gifts. No matter what age, kids learn from watching their parents and absorb what they see and hear around them. Your words and actions are opportunities to share money lessons. These opportunities…
Federal Reserve: FEDS | On Intergenerational Immobility – Evidence that Adult Credit Health Reflects the Childhood Environment
March 2017 (Revised November 2017) On Intergenerational Immobility: Evidence that Adult Credit Health Reflects the Childhood Environment (PDF) Sarena Goodman, Alice Henriques, and Alvaro Mezza Abstract: Using a novel dataset that links socioeconomic background to future credit, postsecondary education, and federal student loan and grant records, we document that, even though it is not and…
CFPB: Be Money Smart
As part of Financial Literacy Month in April, CFPB supports Money Smart Week (April 21–28, 2018) as a way to help you be smart about money. Lots of free financial education classes and seminars are held by local and regional organizations throughout the United States for consumers like you to attend. The topics of these…
CFPB: A Five-Step Spending Plan to Avoid Holiday Debt
The holidays can put a financial burden even on the savviest of shoppers and savers. But like most things, taking time to plan can help you avoid the stress that comes with overspending. Before you hit the mall or shop for Black Friday deals, keep reading to learn how to make a holiday spending plan…
ABA: National Judges Set to Select 2017-2018 Lights, Camera, Save! Winners
Teen Video Contest Accepting Entries through Dec. 1 WASHINGTON – The American Bankers Association Foundation has announced its Lights, Camera, Save! national judging panel, along with the list of 157 participating banks, who will hold 173 contests in 45 states through Dec. 1. Contest winners will be announced during America Saves Week 2018. The Lights,…
CFPB: Sixty-one Organizations Join the 2018 “Your Money, Your Goals” Cohort
We’re working to expand the reach of Your Money, Your Goals to more people across the country with the help of our new 2018 Your Money, Your Goals cohort organizations. In September, we invited organizations to submit applications to participate in our 2018 Your Money, Your Goals cohort. After reviewing the applications, we’ve selected 61…