This blog post from the Consumer Financial Protection Bureau highlights recent research regarding teens in the U.S. and their level of financial literacy. The research results did show room to improve financial literacy among teens, but it also…

Almost half of American families are financially insecure, and financial capability programs have the potential to provide solutions. This brief from The Pew Charitable Trusts analyzes four different types of financial capability programs for…

Many American families experience significant shifts in income from one year to the next. These shifts, known as income volatility, make it difficult for families to balance paying expenses and planning for the future. This report from The Pew…

Many States offer low- and moderate-income families an additional Earned Income Tax Credit (EITC) in addition to the Federal EITC. In this brief from the University of New Hampshire Carsey School of Public Policy, the effect of these additional…

This report from Brookings discusses the impact of tax refunds—primarily the Earned Income Tax Credit (EITC) and the Additional Child Tax Credit—on helping families out of poverty. Research indicates that the EITC benefits recipients in a variety of…

Commonwealth, an Annie E. Casey Foundation grantee, recently launched an incentive program to help Americans build savings through a program called Prize Savings. Prize Savings allows Walmart MoneyCard customers to enter monthly sweepstakes that…

A financially literate workforce helps the economy, but acquiring the needed skills can be costly. The level of financial literacy in developed countries is low and contributes to growing wealth inequality. Benefits from increasing the level of…

This brief from the Office of Child Support Enforcement encourages eligible taxpayers to file for the Earned Income Tax Credit (EITC). Last year across the United States, about 27 million taxpayers received more than $65 billion in EITC; despite…

This blog post from the Administration for Children and Families (ACF) examines promising new findings from ACF’s Assets for Independence (AFI) program. AFI was shown to increase liquid assets among participants and reduce participant use of…

Assets for Independence (AFI) helps provide families with individual development accounts (IDAs) that allow them to save by matching their personal savings for specific investments, such as buying a home or enrolling in higher education and training…