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Financial Capability and Asset DevelopmentResearch, Education, Policy, and Practice$
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Julie Birkenmaier, Jami Curley, and Margaret Sherraden

Print publication date: 2013

Print ISBN-13: 9780199755950

Published to Oxford Scholarship Online: May 2013

DOI: 10.1093/acprof:oso/9780199755950.001.0001

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Financial Capability among Survivors of Domestic Violence

Financial Capability among Survivors of Domestic Violence

Chapter:
(p.84) (p.85) 4 Financial Capability among Survivors of Domestic Violence
Source:
Financial Capability and Asset Development
Author(s):

Cynthia K. Sanders

Publisher:
Oxford University Press
DOI:10.1093/acprof:oso/9780199755950.003.0024

This chapter demonstrates the role that financial issues play in domestic violence and provides a framework for understanding the importance of interventions that address the economic dimension of abuse and advance women’s economic knowledge, skills, and capability. Understanding and addressing financial dimensions of abuse is essential to helping women successfully deal with domestic violence. The chapter describes an innovative community collaborative that provides financial and economic development services to low income survivors of domestic violence, and provides empirical evidence on outcomes. The initial empirical evidence indicates that partnering financial education with the ability to act on what is learned may reinforce and sustain cognitive/affective and behavioral changes. Social work practitioners and advocates for abused women have an important role in development of economic interventions. The economic education program and IDA savings outcomes are promising. Implications for policy research and financial education curricula are discussed.

Keywords:   domestic violence, financial capability, economic education, individual development account

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