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Financial Capability and Asset Building With a Racial- and Gender-Equity Lens

Advances From the Field

Bibliographic Data

ID21619947
AuthorsChristy Finsel (executive director, Oklahoma Native Assets Coalition, Inc., USA), Mae Watson Grote (founder and CEO, Change Machine, Brooklyn, NY, USA), Margaret Libby (founder and CEO, MyPath, San Francisco, CA), Cathie Mahon (president and CEO, Inclusiv, New York, USA), Margaret S Sherraden (research professor, Washington University in St. Louis, MO, USA, corresponding author)
Year2022
Volume103
Issue1
Pages86-100
Publication date2022-01-01
Open AccessYes
TypeARTICLE
VenueFamilies in Society The Journal of Contemporary Social Services (JOURNAL)
Journal identifiersISSN: 1044-3894 • E-ISSN: 1945-1350
PublisherSAGE Publications (PUBLISHER • US)
DOI10.1177/10443894211063133
OpenAlexW4200078738
LanguageEN
Citations received2
References cited10

This essay explores the enormous potential of social service organizations to contribute to people’s financial well-being. It is informed by the work of four pioneering organizations that use a racial- and gender-equity lens to advance financial well-being. It explores five strategies: (a) embedding financial development into social services; (b) focusing on youth transitioning to adulthood; (c) partnering with asset coalitions to expand financial opportunities; (d) partnering with financial institutions; and (e) developing fintech with equity. These approaches hold promise to help address the racial wealth gap and improve financial security

Business · Financial Security · Financial services · Political science · Public relations · Financial Literacy, Pension, Retirement Analysis · Housing, Finance, and Neoliberalism · Microfinance and Financial Inclusion · Finance

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Citations per year2
Citation span2025 - 2025 (1)
Highly citedNo

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