Posted by:
Steve Dubb
Event highlights growth of state asset-building movement
The Illinois Asset Building Group recently its first statewide asset building conference last fall on “Increasing Savings, Expanding Ownership and Protecting Consumers.” Attended by over 125 asset building advocates and organizations from across the state convened in Bloomington to discuss the importance of individual wealth building and individual wealth preservation strategies. The Illinois effort is part and parcel of a growing number of state asset-building initiatives and coalitions.
At the conference, held in October 2010, the following topics were covered:
Innovations for College & Retirement Savings
Credit Building as Asset Building
Strategies to Assure Quality Banking Services
Medical & Personal Debt Issues
Bankruptcy, Asset Poverty and the Impact on Communities of Color
Children’s Savings Accounts
Matched Savings Programming
Opportunities & Challenges in Accessing Public Benefits
Understanding the Unique Needs of Immigrant Communities
Savings at Tax Time
Predatory Lending Regulations & Alternatives
Racial Wealth Gap