Focus on People with Disabilities A companion

Transcript:Focus on People with Disabilities A companion:
Focus on People with Disabilities A companion guide to Your Money, Your Goals Disclaimer The Consumer Financial Protection Bureau (CFPB) created the Your Money, Your Goals toolkit for consumers, as well as the training materials presented today. These materials are being presented to you by a local organization. The organizations or individuals presenting these materials are not agents or employees of the CFPB, and their views do not represent the views of the CFPB. The CFPB is not responsible for the advice or actions of these individuals or entities. The CFPB appreciates the opportunity to work with the organizations that are presenting these materials. This document includes links or references to third-party resources. The inclusion of links or references to third-party sites does not necessarily reflect the CFPB’s endorsement of the third-party, the views expressed on the third-party site, or products or services offered on the third-party site. The CFPB has not vetted these third-parties, their content, or any products or services they may offer. There may be other possible entities or resources that are not listed that may also serve your needs. 2 Understand the content of Focus on People with Disabilities and how it complements the Your Money, Your Goals toolkit. Know how to use the information and tools to help people with disabilities take steps to reach their financial goals. Increased awareness of the Consumer Financial Protection Bureau’s financial education resources. 3 Training objectives The CFPB An introduction to the Consumer Financial Protection Bureau 4 The CFPB’s mission and vision MISSION VISION To regulate the offering and provision of consumer financial products or services under the Federal consumer financial laws and to educate and empower consumers to make better informed financial decisions. Free, innovative, competitive, and transparent consumer finance markets where the rights of all parties are protected by the rule of law and where consumers are free to choose the products and services that best fit their individual needs. 5 Millions of Americans with disabilities face unique financial needs or barriers. 8% unemployment rate for adults with disabilities, more than double the national average. (Bureau of Labor Statistics, 2018) 27% poverty rate for people with disabilities ages 18-64, compared to 12% poverty rate for adults without disabilities. (The Disability Statistics Compendium, 2017) May not have had substantial prior experience in making financial decisions that affect their lives. These challenges—and also opportunities—make financial empowerment for the disability