All Americans should have
equal opportunity to achieve financial independence, while also acquiring the
skills to effectively manage their finances and make informed financial
decisions.
Unfortunately, at the
present time, this is not the case. Even now, 25 years after the Americans with
Disabilities Act (ADA) promoted “economic self-sufficiency” for people with
disabilities, we continue to face many systemic hurdles that block access to a
life of financial independence. Overcoming these challenges will not be easy,
but today – for the very first time – we have a clearer picture of the path
forward – with the release of a new National Disability Institute (NDI) report,
Banking Status of Adults with Disabilities: Findings from the FDIC Survey of
Unbanked and Underbanked Households.
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Michael Morris, Executive Director
National Disability Institute
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Based on data mined from
FDIC’s 2013 National Survey on Unbanked andUnderbanked Households, the report
highlights the nearly 50 percent unbanked and underbanked status and financial
behaviors of people with disabilities. This report provides much-needed
quantitative data that – until now – has been missing in research being
conducted at the intersection of the disability and asset development
communities.
To read more on this story,
click here: America Works Best When Everyone Is Included
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