Publication Date



Young people need assets to make the transition to adulthood. This article summarizes the four preceding articles on youth and saving, identifies policy and program implications, and suggests directions for future research. It is clear that saving is difficult for many people and throughout the life course. Efforts to help young people accumulate assets might encourage saving by parents, encourage saving by youth, or provide subsidies. The latter strategy is most likely to reduce inequities associated with socioeconomic status. These strategies do not have to be pursued in isolation, and ongoing conversations across disciplines and between scholars and practitioners could yield useful insight. In addition, research on existing asset-building initiatives that combine two or more of these strategies will provide important lessons for policy and program development.

Document Type

Working Paper


Financial Inclusion


Asset Building

Original Citation

Beverly, S. (2012). Assets for independence: Asset building for and by young people (CSD Working Paper No. 12-27). St. Louis, MO: Washington University, Center for Social Development.


assets, asset accumulation, child development account, child savings, children, college savings, economic socialization, low income, saving, Assets and Education Symposium