Tisa Silver-Canady, Associate Director, UMB Office of Financial Education and Wellness, and other Leading Women of 2015 was honored during The Daily Record's Leading Women dinner and awards celebration December 7, 2015, at the Westin Annapolis.
Featuring Panelist Tisa Silver-Canady, MBA, from the UMB Office of Financial Education and Wellness
Host Dave Coyne led viewers through an exploration of what behavioral economics reveals about why we spend, save (or don’t save) and the way we think about money. Dave met with innovative thinkers who mix economics with psychology. Their experiments and insights into our financial behavior teach us to recognize how our brains and the marketplace can trick us into spending money we shouldn't.
July 31, 2015 at 10 pm: Thinking Money: Practical Solutions (Panel Discussion)
August 1, 2015 at 1 am: Thinking Money (The Film)
August 1, 2015 at 2 am: Thinking Money: Practical Solutions (Panel Discussion)
UM School of Law Cermonial Courtroom
500 W. Baltimore St. Baltimore, MD
Cummings and Warren held “Middle Class Prosperity Project” Forum in Baltimore on Predatory Financial Practices and Economic Injustice
Rep. Elijah E. Cummings, Ranking Member of the House Committee on Oversight and Government Reform, and Senator Elizabeth Warren held the fifth in a series of congressional forums as part of the Middle Class Prosperity Project launched by the Members in February. The recent unrest in Baltimore following the death of Freddie Gray has brought renewed attention to the lack of economic opportunities and financial services in many urban areas and communities of color. More and more families, especially in the aftermath of the Great Recession, are finding their budgets stretched by wage stagnation, income volatility, and rising expenses that erode their savings and make it more difficult to plan for the future.
This forum examined how mainstream financial service providers are not fully meeting the needs of many in the middle class – and many who aspire to it – for basic banking services like check cashing services and small dollar loans. It also examined how this market is often filled by “alternative” financial service providers that sometimes employ predatory practices to trap consumers in a cycle of high fees and debt. The roles of stakeholders – including mainstream institutions, alternative financial service providers, and the federal government – was examined closely, and panelists discussed steps to protect vulnerable communities from being further victimized.
Ranking Member Cummings and Senator Warren launched the Middle Class Prosperity Project to examine the issues of greatest concern to the Middle Class and those who aspire to it. Previous forums have examined the stagnation in middle class wages, the conflicts of interest in financial retirement advice, and student debt.
April 24, 2015 - Baltimore, MD
Financial education practitioners, researchers and stakeholders considered how they could help Maryland adults gain the skills and confidence to meet their financial goals. Attorney General Brian Frosh and Co-Chairs of the Maryland Financial Education and Capability Commission, St. Senator Kathy Klausmeier and Del. Dana Stein participated.
- What would it take to provide high quality, engaging financial education for adults in Maryland?
- What would it take for the education to lead to better outcomes for participants?
A Convening on Financial Capability and Asset Building: Advancing Education, Research and Practice in Social Work
April 15-17, 2015 - St. Louis, MO
Organized by the Financial Capability and Asset Building (FCAB) Initiative at the Center for Social Development at Washington University in St Louis, and the Financial Social Work Initiative at the University of Maryland School of Social Work, the aims of the convening were twofold: 1) To advance FCAB in social work education, practice and research; and 2) to strengthen networks of FCAB scholars, educators, professional associations, and funders. Click here for agenda. To see presentations, click here.
McDaniel College, The Forum 2 College Hall
Society for Social Work Research Conference, January 14-18, 2015, New Orleans, LA
UM SSW co-led a Special Interest Group on "Asset Building and Financial Capability." Several members of the Financial Social Work Initiative presented papers at SSWR. They included the following: