Childrens Saving Accounts

My Account, My Future: Youth feedback and other observations from the pilot evaluation in Kenya

April 30, 2012
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By: Corrinne Ngurukie, Save the Children; Moses Njenga, KIPPRA; and Vilma Ilic, Columbia University

Cross-posted on youthsave.org

YouthSave News Flash: Bank of Kathmandu Launches Youth Savings Account for Low-Income Youth

April 30, 2012
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The YouthSaveConsortium is pleased to announce that on April 25th, the BankofKathmandu (BoK) launched its “BoK Chetanshil Yuwa Bachat Yojana (CYBY)” (meaning ‘Conscientious Youth Savings Plan’) – a savings account tailored for low-income youth aged 10 to 22.

Big Idea: Give Every Child a $500 Savings Plan

  • By
  • Justin King,
  • New America Foundation
April 23, 2012 |

Rick Santorum, Newt Gingrich, Rahm Emanuel and Chuck Schumer walk into a bar. Sounds like the beginning of a bad joke, doesn’t it?

But just a few years ago, a scenario uniting a group of Republican and Democratic partisans may not have seemed so far-fetched. Before the Great Recession and the Occupy movement highlighted our problems with economic inequality, crushing debt, and the failure of many to save enough money for a rainy day, those four politicians found common ground over a bold proposal to tackle those problems.

Working with Schools to Improve Youth Financial Capability: Tips from the Field

April 6, 2012
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By Rani Deshpande, Save the Children

Cross-posted on YouthSave.org

When considering how to reach kids with financial capability programming, schools – an aggregation point for hundreds, sometimes thousands of young people – seem like an obvious place to start.  However, as YouthSave’s programs in Colombia and Nepal have learned, determining how to successfully work with schools to deliver financial capability programming requires almost as much thought and iteration as designing the intervention itself. 

New Podcast: The ‘Youth Voice’ in Youth Savings

March 23, 2012

Originally posted on www.youthsave.org

Kibera is the largest slum in Nairobi, Kenya, 50% of which is comprised of youth. In 2011 YouthSave’s financial institution partner, Kenya Post Office Savings began piloting its YouthSave account, SMATA, across a number of its branches, including one in Kenyatta Market just outside of Kibera. In this podcast, we highlight the youth voice, hearing directly from four exceptional young people living in Kibera, on their savings goals, challenges, and plans for the future. The interviews of youth clients in this podcast provide a snapshot of what saving and having a savings account means to many.

Children's Savings Account Update

March 19, 2012

Our friend Karen Harris from the Shriver Center in Illinois has a nice post up at The Shriver Brief detailing some new developments around Children's Savings Accounts at the state and local level, including Grand Rapids, MI, and

Asset Building News Week, Mar 5-9

March 9, 2012
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The Asset Building News Week is a weekly Friday feature on the The Ladder, the Asset Building Program blog, designed to help readers keep up with news and developments in the asset building field. This week's topics include unemployment, inequality, education, and homeownership.

Santorum Raising the Wrong Concerns about College

March 5, 2012
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Recent comments by presidential candidate Rick Santorum have invited skepticism on the importance of a college education. And, there are legitimate reasons to question the value of a college degree, to be sure. After all, the cost of college is going up and the ability of most families to pay those costs is shrinking in comparison.

Overcoming Obstacles to College Attendance and Degree Completion

  • By
  • Rachel Black,
  • Mark Huelsman,
  • New America Foundation
March 5, 2012

The rise in student loan debt has directed critical attention to the growing pace of college costs as well as the reliance on loans to finance those costs. For graduates entering the workforce in recent years, many are finding that they are unable to find the type of job they thought they were securing when they received their degree, if they are able to find a job at all. Consequently, more loans are going unpaid and student loan debt has become the only class of consumer debt where defaults are increasing.

Asset Building News Week, Feb 13-17

February 17, 2012
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The Asset Building News Week is a weekly Friday feature on the The Ladder, the Asset Building Program blog, designed to help readers keep up with news and developments in the asset building field. This week's topics include the President’s Budget, the CFPB, public benefits, inequality and mobility, community colleges, and financial education.

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