ABSTRACT

PrepTalks Discussion Guide: Financial Literacy and Overcoming Liquid Asset Poverty   [open pdf - 207KB]

"PrepTalks Discussion Guides are companion documents to PrepTalk video presentations and question-and-answer (Q&A) sessions. When used together with the videos, these guides help translate the research and expertise showcased in each presentation into action steps to improve disaster preparedness. [...] In his PrepTalk, Bryant makes an impassioned case for emergency managers to include financial literacy as a priority in their communities. He also asks emergency managers to consider how disaster recovery dollars could improve the financial resilience of community members that live in poverty. Bryant's recent focus is on working with banks and other community organizations to help individuals dramatically improve their credit score. Banks and other financial services companies use credit scores to decide whether to offer loans or credit cards - and the interest rate to charge. FICO credit scores range from 300 to 800. Bryant's goal is to help people with low credit scores raise them to 650 and higher, thus making them more financially secure and helping them qualify for credit."

Author:
Publisher:
Date:
2018?
Series:
Copyright:
Public Domain
Retrieved From:
Federal Emergency Management Agency: http://www.fema.gov/
Format:
pdf
Media Type:
application/pdf
URL:
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