The Financial Capability Scale is an easy to use field-ready tool to measure the financial capability status of clients in financial programs. It uses questions tested by the Center for Financial Security that, similar to a credit score, provide an easy mechanism to measure current financial status.
| Issue Brief: The Financial Capability Scale | mp3 file*: (Measuring Financial Security, conversation on 2/16/2015) |
*Listen now or download the audio file to an mp3 player for later listening by following the steps on this tip sheet: Adding Podcasts to iPods
Update: Example of FCS levels compared to debt, assets, stress and emergency savings levels.
Additional Resource:
USDA Food Security scale background.
