Financial Capability and Asset Building in Social Work Practice

Acknowledging the potential benefits of training social workers to offer clients guidance on financial matters, the China Association of Social Work Education created the Financial Social Work Commission in 2020. This new unit within the association was designed to serve as a hub for research and insights to facilitate the development of financial capability and asset holding in vulnerable populations. The Commission promotes the training of social workers with the knowledge and skills required to integrate financial capability services into social work practice. This Perspective presents the keynote address given by CSD Founding Director Michael Sherraden as part of “Theory and Practice for Financial Social Work: Promoting Common Prosperity,” the Financial Social Work Commission’s first national forum, in January 2022