Journal Article

CFED’s assets and opportunity scorecard highlights national inconsistencies in financial security

Abstract: Asset building plays an integral role in alleviating poverty and bolstering financial security for individuals and families. Assets move families beyond living paycheck to paycheck and give them tools to plan for the future. But in order to improve asset building in the future, we first have to determine where we stand today. To do this, the Corporation for Enterprise Development (CFED), a nonprofit organization that works to promote economic opportunity, has created its most comprehensive tool yet to measure ownership and financial security, the Assets and Opportunity Scorecard: Financial Security Across the States (Scorecard). The recently released Scorecard provides a detailed picture of how the states are faring in both performance and policy.

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Bibliographic Information

Provider: Federal Reserve Bank of Chicago

Part of Series: Profitwise

Publication Date: 2006

Issue: Feb

Pages: 6-7