Fostering Futures - Financial Literacy Program
Older youth in foster care are one of the most vulnerable populations, they face long odds – they are less likely to reach a permanent home before aging out, and once they do age out, they are homeless. At the age of 21, these youth are suddenly expected to live as independent adults. CASA of Baltimore focuses on fostering the futures of older youth by encouraging them to graduate high school, earn living wage employment, find stable housing, and live a healthy, thriving adulthood. However, even equipped with the tools and supports to reach those goals, every youth aging out of foster care does not have the knowledge and skills to be financially established.
Our Fostering Futures – Financial Literacy Program provides older youth in foster care with practical and actionable mentoring designed to help them establish a strong foundation of financial knowledge and practices, develop the discipline to effectively manage their personal finances, and to be better positioned to make wise financial decisions once they reach independence. CASA volunteer advocates are appointed to older and emancipating youth to equip them with basic personal finance concepts and practices, as well as monitor their progress and movement towards improved financial decision making.