In an era marked by growing economic inequality, we must work to expand income- and wealth-building opportunities. Advancing legislation and investing in programs that broaden financial stability for all families can help ensure we are building resilient communities of opportunity. We must empower individuals, nonprofit organizations, and government agencies with supportive policies and the innovative, integrated tools necessary to address poverty, build wealth, and comprehensively increase financial stability. Doing so will require improving the accessibility of good-paying work and affordable financial services, creating new chances to build credit and wealth, and refining income supports and tax credits to form a more inclusive modern economy.
Download the entire overview of our Family Income and Wealth Building Policy Priorities.
Expanding financial stability requires a multi-pronged approach that incorporates building credit and savings alongside the focus on increasing income.
For millions of families, securing financial stability relies upon a robust system of income supports, otherwise known as public benefits.
Investments in workforce development help ensure that individuals have access to pathways of opportunity that can lead to financial stability for themselves, their families, and their communities.
Strengthening the ability of all families to manage their finances and marshal their resources is critical to helping them achieve financial stability.
Access to broadband services expands a family’s opportunities to build income and wealth.