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Financial Literacy for Youth with Disabilities - Issues, Practices, Recommendations (Hardcover)
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Financial Literacy for Youth with Disabilities - Issues, Practices, Recommendations (Hardcover)
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Youth with disabilities face several challenges as they transition
out of high school. In addition to the social and emotional
challenges associated with moving out of the guidance and
supervision of supportive staff, teachers and friends in schools,
and leaving home to enter the workforce, youth must be prepared and
be able to navigate an increasingly complex world to obtain and
maintain employment over the long-term. Among the most pressing
issues for youth with disabilities are the development of knowledge
and skills with regards to financial independence, money management
and an understanding of asset development strategies. All too
often, youth with disabilities live in poverty and face barriers to
stable employment opportunities. In addition, government programs
with confusing and conflicting eligibility criteria make accessing
needed support services extremely difficult which often leads to
unsuccessful transitions from school to post-secondary education,
employment and independent living. Young people with disabilities
may want to learn how to save money and build assets, but getting a
job and saving a portion of their income may cause them to lose
their disability benefits and other important support services,
like health care. In order to address these concerns, comprehensive
financial literacy programs customized to meet the needs of youth
with all types of disabilities is paramount and in a diverse
society such as ours, educators and policymakers should reexamine
various cultures' value systems and recognize the importance of
guiding youth/disabilities towards moral decisions on humanistic,
rather than purely economic bases. This book explores efficacy and
overall adequacy of financial literacy programs for youth with
disabilities, and highlights promising practices that have been
shown to improve participants' knowledge of money management and
asset development strategies. Additionally, it explores the extent
to which the "generic" financial literacy curricula and/or
educational programs that target nondisabled youth address the
needs of youth with disabilities by highlighting gaps in
instructional domains and practices in existing programs. Finally,
the implications for future research and policies related to
financial literacy and employment for youth with disabilities are
discussed.
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