The first paper uses the data from the 2018 US National Financial Capability Study, and finds that low-income entrepreneurs have a high risk of income volatility but are also less likely to set aside emergency funds to cover unexpected needs. It reduces financial resilience of this population and increases their financial hardship during negative economic shocks. The second paper designs and implements a pilot randomized controlled trail of a financial social work intervention which provides regular financial guidance services to families with children. The goal of the project is to assess the feasibility of such intervention model for future expansion. The third paper focuses on a micro injury insurance program for children with developmental disabilities in China, assesses the prevalence of unintentional injuries among this population, and explores a comprehensive injury prevention strategy built on the platform of micro insurance. The fourth paper evaluates how women savings groups in Mozambique enhance low-income participantsÃÂ¢Ã¢âÂ¬Ã¢âÂ¢ social support and their help seeking behaviors, and further reduce their depression symptoms. The final paper uses a qualitative approach to explore a policy diffusion strategy to expand Child Development Accounts, which encourage families to accumulate assets for their children, in Azerbaijan.
These studies present a common theme----the importance of finance on individual development and family well-being----among different populations across four continents. They call for social workers to develop effective and professional interventions and services at all levels (e.g., policies, programs, and clinical services) to support their clients' financial well-being.