Measuring Financial Security: Using the Financial Capability Scale

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*: […]

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Matching Curricula to Core Competencies

How can an educator select Personal Financial Education curriculum from what is available?   This brief offers an example of one way to systematically compare educational materials based on the intended use.  As an example of how this process can work four sets of materials—all available online—were downloaded and analyzed using a matrix of core competencies. […]

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What Works? Understanding Assessment Strategies for Financial Education

A key question of any education program is, fundamentally did the program ‘work?’ But what does it mean for an education program to work? Not every program needs an extensive assessment, but even a simple measure of the outcomes associated with an education program can be helpful in justifying an educational strategy. With careful planning […]

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Measuring Asset Building

The asset-building field is struggling to define specific and concrete evidence of its impact. Anecdotes of clients who have developed savings are compelling, but financial counseling, coaching, and longer-term behavior change are harder to define in terms of a bank statement. To the extent practitioners and funders can agree to focus on a small number […]

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