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Financial Preparation and Support for Foster Youth

About the Course

Financial preparation and support are particularly critical for youth in foster care. After leaving foster care, they are often immediately responsible for all aspects of their finances. Unless they have basic financial knowledge or an adult willing to provide guidance, they can make decisions that may negatively impact their financial well-being far into the future.

Learning Objectives

1. Participants will know the importance of financial literacy for current and emancipating youth.

2. Participants will know ways to teach youth about aspects of financial literacy such as developing a monthly budget, tracking their spending, and planning for large purchases, credit reports, and bank accounts.

3. Participants will know resources to assist them and their youth in obtaining ongoing information about financial literacy.

4. Participants will know how to provide ongoing financial practice opportunities for their youth.

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