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Poverty continues to be one of the strongest social challenges in America, with wealth gaps ever widening. Learn lessons and best practices from six projects striving to build financial security that assist individuals and the broader community.
Top Takeaways
- For those in the asset building and financial empowerment fields, combining efforts aimed at individual capability with those that expand market opportunities has been shown to help alleviate poverty and invigorate communities.
- Key factors to sustaining this work are: capitalizing on core strengths and aligning expertise with that of community partners, recognizing and addressing common barriers in an organized manner, and leaving room to tackle unpredictable challenges.
Even more than income, financial security is what moves individuals and families out of poverty and into safety and helps build their economic resilience when inevitable major expenses occur.
