In this Issue

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Feature

Financial Capability is a crucial life skill that greatly impacts economic well-being of youth now and for the rest of their lives. Youth who spend a significant amount of time in out-of-home care do not receive the modeling that contributes to an adequate understanding of money management or to developing sound financial habits. See what some former foster youth have to say.

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Youth Corner

“Financial Capability Map” will help you understand how your own personal perspective contributes to your financial behavior. You can use this tool to navigate core financial principles that can improve money management skills. There are some great Tips and Resources on each element contributing to stronger financial capability. Try it out – and provide feedback.

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Resources

There are a number of financial education efforts at the national level that aim to expand opportunities for youth through enhancing their capabilities. Many are offered on the web and at no cost. There are tips, tools, and lessons for youth of all levels of financial literacy. See what some non-profit organizations and federal agencies are doing to educate youth on money matters. Engage the youth who you work with to improve their financial literacy with interactive lessons.

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Take the Quiz

How much do you know about the financial capability of youth in the US? Did you know…

 

 

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Events

Check out some of the important work being done around the country through Webinars, summits, and e-learning events that focus on enhancing youth financial capability.

 

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NYTD

How well are our youth doing? The first set of NYTD survey data was presented at the 2011 National Youth in Transition Database Technical Assistance Meeting in Washington, D.C. in August. States collected information about services provided and demographics on certain youth that will contribute to the National Youth in Transition Database and help to inform policy and practice to improve services to youth in out-of-home care.