This brief from the Office of Planning, Research and Evaluation presents findings from the Understanding the Intersection Between TANF and Refugee Cash Assistance Services (TANF-RCA) study which was designed to find out more about the interactions and services to refugee families through both the TANF and RCA programs. The brief presents challenges TANF agencies face in serving refugees and then provides promising strategies that have been used in the field to best serve refugees.
This factsheet from the Institute for Research on Poverty at the University of Wisconsin-Madison provides an overview of the new provisions under the Tax Cuts and Jobs Act that was passed in late 2017 and how they will affect low-income families. It covers important tax provisions such as the Child Tax Credit and the Earned Income Tax Credit and offers suggestions for future research on the effects of the new tax code.
This worksheet helps practitioners understand how to use the behavioral economics concept of “anchoring” in a goal setting conversation with clients. Anchoring means sharing information that may influence an individual’s behavior in one direction, without explicitly telling them what to do. (For example, posting a suggested donation of $10 for museum entry is an anchor – you do not have to donate $10, but many people likely will.) The worksheet addresses setting a savings goal, but the concept can be applied to any type of goal.
This study from the Fatherhood Research and Practice Network provides the final evaluation results of a randomized controlled trial of a culturally tailored fatherhood curriculum for low-income fathers residing in Baltimore, Maryland. The program is called “Developing all Dads for Manhood and Parenting” (DAD MAP) and study results showed some gains in desired outcomes in the short term, but the gains waned as time passed after program completion.
This study from the Upjohn Institute for Employment Research examined the career earnings following a four-year college degree (versus a high school diploma) for students from a low-income background and compared them to those from a higher-income background. The results showed that there was a significant difference in earnings between the two income backgrounds even though they had both earned a four-year degree.
The Consumer Financial Protection Bureau (CFPB) offers colorful, visually appealing booklets for counselors addressing basic financial management skills with clients. Behind on bills? helps clients get a handle on cash flow, prioritizing bills and expenses, and creating an action plan. Debt getting in your way? helps clients map out existing debt, set repayment goals, and avoid future debt. Each booklet contains simple tools that can stimulate conversations about financial management. Booklets can be ordered from the CFPB for free.
The Building Wealth and Health Network pilots a trauma-informed approach to peer support and financial empowerment. Network cohort members meet regularly to discuss goal setting, financial management, and other topics that foster resilience and empowerment.
Integrating financial security services into workforce development programs can achieve greater impact without requiring significant cost and time. Corporation for a Skilled Workforce (CSW) and The Financial Clinic (the Clinic) have partnered to analyze the effects of financial security services on workforce development programs, with results released in four issue briefs. The briefs can be retrieved individually, or in their entirety.
This report from the Consumer Financial Protection Bureau shares the proceedings from the "Youth Employment Success Roundtable: Setting Up America’s Young Workers For Success" which took place in February 2017. The roundtable convened federal agencies, municipal workforce leaders, and other stakeholders to discuss best practices and next steps for integrating financial literacy initiatives into youth employment programs.