A Local and National Perspective on the State of the Asset-Building Field Andrea Levere , President,...
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A Local and National Perspective on the State of the Asset-Building FieldAndrea Levere, President, CFED2012 Hawai’i Family Financial Empowerment Symposium
What Hawai`i Brings to the Assets Field
www.cfed.org@CFEDNews
www.cfed.org@CFEDNews
Hawai`i Framework Modifications
Start from a values base and cultural context• Cultural, environmental & community sustainability• Build genuine wealth through the concept of
“enrichment” as expressed in the name of Ho’owaiwai Network
• Amend the framework by adding the imperative to “Share it”
• Aim to engage in rigorous policy advocacy, practice innovation, and evaluation at meaningful scale
How far you have come
www.cfed.org@CFEDNews
State of the Movement
Consistency of focus: creating the “mindset of asset-building”
Creation of increasingly diverse, growing networks at the state and county levels
Frame an ambitious policy agendaDesign and delivery of both “low-hanging”
and cutting edge products and services
www.cfed.org@CFEDNews
Consider these numbers
Lowest level of Liquid Asset Poverty in the nation at 23 % (compared to 43% for
the US)
Yet…
Ranked 51st in both Average Annual Pay and Affordability of Homes
Leading us into the future
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Scaling impact at home and abroad Embed and integrate: expand the “super-
vitamin” approach Big policy: eliminate asset limits at home and
advocate for a universal savings incentive abroad New business models: create new routes to
financial sustainability Parents will do for their children what they
won’t do for themselves: from CSAs to financial inclusion
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Leading us into the Future: Children’s Savings Accounts
Creating a culture of savingsover the lifetime bystarting early with anaccount and financial education.
Register Today!The 2012 Assets Learning Conference:
Ideas Into ActionSeptember 19-21, 2012
Marriott Wardman Park Hotel, Washington, DC.
Visit: www.assetsconference.org