Foster Care Training

A Trauma-Informed, Best Practice Approach to Developing Financial Wellness and Creating Lasting Financial Change for Former Foster Youth •Poverty is a key indicator of involvement in the child welfare system. Most families get reported to the foster care system due to financial issues. •Former foster youth struggle to build savings and accumulate long-term assets, essential to promoting stability and weathering financial hard times. •When individuals struggle with financial difficulties, it can damage their self-esteem, make them feel worthless, angry, ashamed, and negatively impact their family relationships •Financial Social Work goes beyond budgeting and managing debt to support financial behavioral change, assesses the individual’s relationship with money and self, and gets to the root of how we earn, save, share, and borrow to understand the individual’s financial circumstances