Addressing Barriers and Improving Systems in Financial Education to Support Health Equity

Abstract

Researchers are currently addressing the connection between increasing fiscal literacy and improving health equity. Knowing that individual and household financial stability and improved living conditions support physical and emotional health improvements, the Living On My Own project was developed to increase vulnerable youth access to and participation in financial literacy programs, as well as to support improvements in educator knowledge, skills, and attitudes towards supporting financial education for vulnerable youth. For this project, vulnerable youth included young people (16-21 years old) who are aging out of foster care, may experience homelessness, may be first generation college students, and who are living in poverty. Exploratory implementation research of virtual and in-person delivery of the Living On My Own curriculum increased understanding of the barriers and constraints that impact transition-age youth’s participation in fiscal literacy programs, and identified program delivery and assessment improvements to reduce barriers. Additionally, new community and institutional partnerships were developed to support improvements in individuals’ access to fiscal services and assets through interventions across multiple levels of influence. Anticipated outcomes from participating in inclusive financial education include short term (increased knowledge and skills), mid-term (securing emergency and/or rental housing and successfully budgeting fiscal resources), and long-term (improvements in health, wellbeing, and quality of life.)

Presenters

Katherine Soule
Health Equity Advisor, Cooperative Extension, University of California, California, United States

Details

Presentation Type

Innovation Case Studies

Theme

Education and Learning Worlds of Differences

KEYWORDS

Financial Education, Health Equity, Vulnerable Populations