Tag: CFED

Upside Down: New report shows most asset building spending helping the wealthy

It is widely accepted that ownership of assets – a home, savings accounts, stocks and investments, a business – is a cornerstone of family financial security. Assets provide a cushion against temporary setbacks and allow for an investment in greater… Read more [More...]

Going to scale: Initiatives to strengthen financial security are spreading

Last week, I had the pleasure of attending the 2010 Assets Learning Conference that brought together over 1,000 participants for three days of plenaries, workshops and sessions exploring approaches to building an economy in which all Americans, including those of… Read more [More...]

The 2010 Assets Learning Conference: Creating the Save and Invest Economy

This week I am participating, along with over 1,000 other delegates from around the U.S. and a dozen foreign countries, in the biannual Assets Learning Conference hosted by CFED in Washington, DC (Click here to follow our Twitter feed from… Read more [More...]

Child Development Accounts can offer a “financial head start’

Last week, the Census Bureau released new data showing that one in seven Americans, including one out of every five children, are now living in poverty. This week, some one thousand advocates, program directors, community organizers, business owners, policy analysts… Read more [More...]

ASPIRE-ing to lifetime savings and building assets

For many of us, the economic events of the past two years have eroded our savings and heightened our sense of economic fragility. Yet for many low- and moderate-income households, savings have long been out of reach. The 2009-10 Assets… Read more [More...]

Asset poverty data shows many have no cushion to fall back on

As the economic downturn continues to take its toll in Oklahoma and across the nation, how financially prepared are families to deal with extended periods of unemployment and underemployment. Newly-released data (PDF) from CFED that focuses on “asset poverty” confirms… Read more [More...]

College savings plan–time to get serious

We’ve recently joined with CFED, a national organization dedicated to expanding economic opportunity, and the Oklahoma Asset Building Coalition, in releasing the 2009-2010 Assets and Opportunity Scorecard. Our earlier post summarized the Oklahoma results, as did several media reports. One… Read more [More...]

The racial wealth gap

It is widely known that minorities in the United States earn considerably less than Whites – according to the most recent Census Bureau data, the median income for a White household in 2008 was 34.5 percent greater than for a… Read more [More...]

Major new report sheds light on assets, opportunity and financial security in Oklahoma

Monday we participated, along with other members of the Oklahoma Asset Building Coalition, in the release of the 2009-10 Assets and Opportunity Scorecard, a major  report that looks at wealth, poverty, and the financial security of families in all 50… Read more [More...]

Investing in the future–an update on youth savings programs

Last week I was fortunate enough to attend the first Conference on Children and Youth Savings sponsored by CFED, a national organization dedicated to expanding economic opportunity for all Americans. According to CFED, People who own assets–such as a savings… Read more [More...]