Webcast: Helping Working Families Build Financial Security
NCSL Webinars allow attendees to participate in meetings taking place around the world from the comfort of their desk. They are collaborative, interactive and easy to use. This webinar will be recorded for those who are unable to attend the live meeting.
Helping Working Families Build Financial Security
Friday, June 3, 2011
One in four U.S. households lacks the financial assets to stay above the poverty line for more than three months. But with the right tools, many of these families could start turning their situations around. Guest speaker Heather McCulloch, founder of Asset Building Strategies (ABS), provides an overview of asset building and present policies that can assist working families attain and sustain financial stability. Some of the policies that are covered include:
- Alternatives to High Interest Loans and Fees
- Financial Education and Money Management
- Opportunities to Increase Savings through Matched Savings Accounts and Federal Income Tax Options
- Setting Asset Limits in Public Benefit Programs
- Tax Credits such as the Earned Income Tax Credit (EITC)
- Welcome and Introduction
- Video Presentation with Heather McCulloch
- Questions/Discussion live with Heather McCulloch
- Program Summary
Moderator: Mary Fairchild, Senior Fellow, NCSL, Denver
Speaker: Heather McCulloch, founder, Asset Building Strategies, California
Heather McCulloch is the founder of Asset Building Strategies (ABS), a consulting firm that advances policies and strategies to support low-wealth families to build financial assets. For more than a decade, she has worked with foundations, nonprofits and policymakers—at the local, state and national levels—to develop innovative approaches to building the economic security of low-income working families.
Ms. McCulloch currently manages the Bay Area Asset Funders Network, a regional network of foundations, financial institutions and public agencies working together across the nine-county San Francisco Bay Area. She is also working to develop a national funders’ network to address the impact of home foreclosures on low-income and communities of color. Ms. McCulloch has been the lead researcher on several publications describing new trends and emerging opportunities in the asset-building field.
She has a master’s degree in international political economy from the London School of Economics and a bachelor’s degree in political economy from the University of California, Berkeley.
Heather McCulloch is the founder of Asset Building Strategies (ABS), a consulting firm that advances policies and strategies to support low-wealth families to build financial assets. Ms. McCulloch has been a pioneer in the asset-building field, working with others to initiate innovative approaches to asset building at the local, state and national levels.