Artwork stating 'Education Destroys Barriers', 'We Demand Treatment', and 'I Need A Chance'

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  • Program matching low-income "leaders" with higher-income "allies" graduates second cohort

    Circles Washtenaw County is a “financial stability program” that is part of a national network. The local version in Ypsilanti involves matching leaders, who participate in 12 weeks of training, with allies, who support the leaders upon completion of the program. Beyond promoting financial stability among local residents, the program also promotes accountability and helps foster relationships among people who might not otherwise work together. The program has had two successful cohorts so far, with plans to grow in the future.

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  • Houses intact after Hurricane Michael were often saved by low-cost reinforcements

    Small, cost-effective improvements to home construction were often the difference between houses that suffered small amounts of damage from Florida hurricanes and those that were destroyed. Knowing to ask for extra nails, strong windows, and hurricane clips for their roof, home owners can not only save their homes but save money from decreased insurance and energy costs.

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  • Stopping scams takes teamwork

    In cases of exploration and scamming, particularly of senior citizens, Richland County, Ohio has found that teamwork and collaboration between local agencies is key. Those agencies include Adult Protective Service, the Area Agency on Aging, and Police Departments working together to catch exploiters and return money to its rightful owners.

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  • PA Banking On New Program Providing Inmates With Financial Savvy To Succeed

    Two state agencies in Pennsylvania collaborated to launch a program that trains inmates on financial literacy skills in an effort to curb recidivism. The Department of Corrections and the Department of Banking and Securities have reached more than 4,300 inmates through the classes, many of whom have been inside for years and may have never had bank accounts. Research found having a bank account is strongly correlated with not returning to prison and higher employment rates.

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  • Financial Empowerment Centers Help City Residents Improve Their Fiscal Health

    Financial Empowerment Centers work with clients to help them build savings, improve credit scores, and take full advance of assistance programs. While the daily demands of poverty often create an inability to plan for the future, the Center's clients have found that counseling has provided a path to engage with these issues and a trusted helper to improve their financial health.

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  • A unique nature insurance policy aims to preserve Mexico's Great Mayan Reef

    Coral reefs can dramatically reduce the power of a wave's energy, making the impact of severe storms (such as hurricanes) less devastating. In order for this to work, however, the coral reefs have to be healthy. In Mexico, the government and The Nature Conservancy have collaborated with a reinsurance firm, reef engineers and oceanographers to figure out how to create an insurance plan that uses tourism dollars to guarantee reefs will restored should they be harmed.

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  • Good design is good policy

    As the treasurer of St. Louis, Tishaura Jones is making transformative change to connect more people to banks and savings accounts. Modeling initiatives after other successful municipal government programs across the country, Jones helped start the College Kids Children’s Savings Accounts, which creates a college savings account for all children entering public kindergarten. This is one of many steps to help St. Louis residents take better advantage of financial services.

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  • What Alabama Can Teach You about Storm Resilience

    After witnessing the devastating impact of Hurricane Katrina, changemakers in Alabama took control of creating a more accountable insurance system that valued weather-resilient home construction.

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  • With Shootings on the Rise, Schools Turn to 'Active Shooter' Insurance

    With the rise in mass shootings around the United States, more municipalities and schools are buying active shooter insurance so they can handle costs that come from mass casualty incidents and not go bankrupt. Some insurance companies also offer risk assessment and their advice often contradicts some of the recent popular suggestions, such as arming teachers. Many insurers say the most effective steps are behavioral interventions with potentially violent students.

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  • The Power of Coaching

    Women’s Way, a new Philadelphia-based program, aims to promote economic equality through women’s financial empowerment initiatives. Based on a successful model in Delaware, the program uses financial coaches to help participants reach personal finance goals. It is also part of a broader initiative to decrease poverty while also changing the narrative about how people talk about the issue.

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