Fact Sheet Developing Solutions: Strategies to Improve Resident Financial Health and Propel Inclusive Growth
Kathryn Reynolds, Martha Fedorowicz, Diana Elliott, Caleb Quakenbush
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As findings rooted in data and community-based work increasingly draw a clear link between financial health and inclusive growth, some cities are piloting strategies that address this intersection to ensure all residents can contribute to and benefit from the city’s economic prosperity. These solutions move beyond general financial education to include strategies that cut across sectors and address structural barriers to shared prosperity. Any solution that aims to improve resident financial health and propel inclusive growth should include three elements: community engagement, structural change, and a focus on resilience.
Research Areas Economic mobility and inequality Wealth and financial well-being Neighborhoods, cities, and metros
Tags Asset and debts Financial products and services Wealth inequality Opportunity and ownership Community and economic development Financial stability
Policy Centers Center on Labor, Human Services, and Population Research to Action Lab