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

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  • Andrea Levere

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.

Suggested Citation

  • Andrea Levere, 2006. "CFED’s assets and opportunity scorecard highlights national inconsistencies in financial security," Profitwise, Federal Reserve Bank of Chicago, issue Feb, pages 6-7.
    • Handle: RePEc:fip:fedhpw:y:2006:i:feb:p:6-7
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    File URL: http://www.chicagofed.org/digital_assets/publications/profitwise_news_and_views/2006/02_2006_pnv.pdf
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    References listed on IDEAS

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    1. Angela C. Lyons & Erik Scherpf, 2005. "Moving from unbanked to banked: evidence from the Money Smart program," Proceedings 964, Federal Reserve Bank of Chicago.
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