Financial Security for All
For our nation to continue to grow and thrive, we must ensure that all individuals and families are part of an inclusive and equitable economy.
Financial security is dependent on everyone having the opportunity to save and invest in their future. It’s the opportunity to save for a college education, purchase a home, plan for a comfortable retirement, pass resources on to the next generation, or simply putting enough aside to get your family through an emergency.
But how do we get to a place where all are financially secure and living far beyond their next paycheck?
Achieving financial security requires a set of equity-driven policies and strategies at the community, regional, state, and national levels. These policies and strategies must ensure that all Americans—particularly low-income people and people of color—have access to financial education and coaching; as well as affordable, non-predatory financial products and services.
The same groups of people who have been historically left behind in America are rapidly growing in population. By 2042, America will be a people-of-color nation. It is critical that we support programs and policies that create and protect opportunities for families of color to save, invest, and preserve their financial assets. Addressing the racial wealth gap is critical in ensuring sustained economic growth in a new America where everyone has the opportunity to invest in themselves, their futures, and their communities.
The well-being of our nation is dependent on equity and can only be realized if all families have the opportunity to participate and prosper. In order to safeguard a promising economy for future generations, in which everyone can reach their full potential, we must increase financial security for all families.