Financial Education and Capability

Financial Education and Capability

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This book introduces the concept of financial capability and assembles the latest evidence from ground-breaking innovations with financially vulnerable families, and links it to education, policy, and practice. It is a key resource for those interested in improving financial education and financial products and services for low-income families.program that encourages bank customers to use a debit card and simultaneously build small savings (Mierzwa, 2007; Tufano, 2009; Tufano 8! ... More than 11, 000 people saved $8.6 million in 2009, including a large proportion of people with low incomes who had not saved regularly ... of financial services for low-income families (Collins, Morduch, Rutherford, 8! ... At the same time, the margin for error is slim; large or small unexpected expenses, such as a car repair, a theft, or schoolanbsp;...

Title:Financial Education and Capability
Author:Julie Birkenmaier, Margaret Sherraden
Publisher:Oxford University Press - 2013-02-21


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