Where and when during childhood and adolescence do people acquire the foundations of financial capability? The Consumer Financial Protection Bureau (CFPB) researched the childhood origins of financial capability and well-being to identify those roots and to find promising practices and strategies to support their development. Our new report, “Building Blocks to Help Youth Achieve Financial Capability: A New Model and Recommendations,” illuminates critical attributes, abilities, and opportunities acquired during the years spanning preschool through young adulthood that support the development…
Training Materials, Book
The Money Habitudes Teen Guide is designed for those using Money Habitudes for Teens and covering money-related issues. The cards help teens discover the hidden messages that motivate the way they make money decisions. The guide provides educators, youth leaders and counselors five lesson plans which can each be used as five stand-alone lesson plans or combined for a more in-depth program of five classes or a half-day program. They can be used in-conjunction with programs in financial literacy, life skills, psychology or business to help teens develop a healthier relationship with money.…
Brief
This fact sheet suggests strategies for parents to teach their children about money management and how to be in control of their finances. Tips include modeling smart money decisions and how to guide children to also make smart money decisions. This publication also offers different options for how to teach children to manage their money well.Note: PDF version available.
Brief
Promising occupations for at-risk youth provide sufficient compensation and could put them on a path to becoming independent adults. To identify promising occupations, this brief examined four key features: 1) median earnings level, 2) education and training pre-requisites, 3) projected growth in labor-market demand, and 4) potential for individual advancement. Based on these criteria, opportunities in two fields are highlighted -- health care and construction. A number of work-based learning and career pathway programs are also discussed, including ACF's Health Profession Opportunity Grants…