On August 28th from 10:00AM – 11:00AM the Vermont Office of Economic Opportunity will continue on with their year-long series of discussions about poverty. For this month the theme of the discussion is titled “Universal Children’s Savings Accounts: New England Takes the Lead” and features guest speaker Anthony Poore from the Federal Reserve Bank of Boston. Powerful research shows that savings accounts can impact the lives of low income children in many ways such as:
- Savings is shown to provide low income children opportunities for economic mobility.
- Savings increases expectations for the future — Savings = Aspirations in tangible form.
- Children can build meaningful savings while learning about money and finance.
- Children’s savings turn aspirations into achievement – there is a clear link between savings and college success:
If you are interested in hearing Anthony talk more about the case for universal children’s savings accounts and the work that is happening in New England (and Vermont!) there are two ways to join this OEO discussion:
- Online: Register here to reserve a spot in the webinar. Capacity is limited. You’ll get a confirmation email with further instructions.
- In Person: DVHA Small Conference Room, 312 Hurricane Lane, Williston. No need to register. Just show up!
To learn more about the event and speaker Anthony Poore visit the official website for the series here. This website also includes access to PowerPoint presentations of the first seven installments of the series. More information on the benefits of children’s savings accounts can be found here, here, and here (PDF file).