Financial Coaching with a Racial Equity Lens
As a result of COVID-19, economic insecurity is increasing–especially among Black and Latinx households. Organizations are exploring ways to deliver financial security programs with a racial equity lens. Although there were efforts to deliver financial security programs with a racial equity lens prior to COVID-19, the pandemic has increased the urgency for this approach.
On February 23, AFN presented an engaging discussion about best practices, effective models, and emerging tools to apply a racial equity lens in the specific context of financial coaching. This discussion lifted up targeted recommendations for grantmakers to support the delivery of financial coaching with a racial equity lens.
Also discussed:
- address key concepts in racial equity,
- define financial coaching with a racial equity lens,
- provide examples of financial coaching with a racial equity lens in practice, and
- elevate recommendations for funders to support racial equity through financial coaching practices.
PRESENTERS:
Dr. Kira Hudson Banks, Associate Professor in the Department of Psychology at St. Louis University and Co-Founder, The Mouse & The Elephant
Eric Ratinoff, Co-Founder, The Mouse & The Elephant
PANEL DISCUSSION:
- Christy Finsel, Oklahoma Native Assets Coalition
- Jeff Gilbreath, Hawaiian Community Assets
- Luis Granados, Mission Economic Development Agency
- Jackie Butts, Portland Housing Center
- Michael Dominowski, Thrivent
The brief is generously sponsored by:
About the Oklahoma Native Assets Coalition:
ONAC offers three types of free financial coaching to tribal citizens across the United States: 1) credit counseling, 2) homebuyer education, and 3) financial management (i.e. budgeting). If you are working with tribal citizens that would like to receive these free ONAC financial coaching services from a Native certified financial coach, you are welcome to pass along this registration link to those tribal citizens you serve: https://www.surveymonkey.com/r/ONACcounselingregistration. This financial coaching is available to any American Indian or Alaska Native in the United States, regardless of where they reside.
