A Financial Empowerment Toolkit for Youth and Young Adults in Foster Care.
National Resource Center for Youth Development. Corporation for Enterprise Development. US Department of Health and Human Services Administration for Children and Families.
This federally funded toolkit is designed to provide caseworkers, independent living skills providers, congregate care providers, foster parents, and other supportive adults with strategies and resources to critically evaluate and improve their current approaches to financial capability when working with youth preparing to transition out of the foster care system. It is a compilation of lessons learned, best practices, and practical tools, which can be used together or separately, to help service providers choose and integrate new strategies, programs, or interventions to improve the financial capability of the youth they serve. Section 1 explains the importance of financial capability for young people and discusses financial capability terms and concepts and why financial capability is particularly important for youth in transition. Section 2 focuses on financial capability concepts and how they apply to youth and young adults transitioning out of foster care. The final section discusses service delivery strategies to seamlessly integrate financial capability into programs that work with youth and young adults in foster care. Appendices include tools targeted to youth and young adults, an explanation of theoretical educational concepts that are important to consider as programs formulate financial capability integration strategies, and resources, tools, and other supports that will assist programs as they integrated financial capability approaches into programs that work with youth and young adults in foster care. 11 references. (Author abstract modified)
INDEPENDENT LIVING; COMPETENCY; INDEPENDENT LIVING SKILLS; YOUTH DEVELOPMENT; YOUTH ENGAGEMENT; foster adolescents; foster care alumni; assessment; evaluation tools