This 90-minute training conducted by Carolyn Ouya, a Senior Training & Technical Assistance Specialist at FUTURES Workplace & Economics talks about many financial goals that survivors of labor trafficking have, such as how to improve/understand credit scores, build savings, acquire assets, and support a sustainable lifestyle for themselves and family.
1:05 – Intro
2:58 – Carolyne Ouya introduction
4:01 – Learning Objectives
7:00 – What are you doing to support survivor financial literacy in your community?
10:14 – Financial literacy standards as set by the Council for Economic Education
12:18 – First challenge with meeting these standards: wage violation
17:05 – The role of Intimate Partner Violence (IPV) on financial challenges
19:13 – Other financial literacy challenges.
25:35 – Question: Can you provide examples of ways to communicate these issues in empowering language?
27:40 – Question: I’m a survivor and have a really weird relationship with money. It means everything and nothing to me all at once which leads to me having avoidance and apathy with bills and saving, but then I can save money really fast if I have a concrete goal. Do you have any recommendations on how I can restructure my relationship with money?
29:50 – Survivors’ financial needs
31:30 – The 4 forms of capital
33:05 – Why is it important to know the other forms of capital for financial literacy?
35:00 – How to implement the four forms of capital into your financial literacy program?
36:25 – The importance of social capital
38:40 – Video on Social Capital Theory
42:19 – Question: How can an organization find a balance between limited financial resources and trusting survivors to tell them what their needs are?
44:09 – The differences between a Standard Financial Literacy Program and Survivor-Centered one.
45:47 – Recommendations from Human Trafficking Leadership Academy Class
47:12 – Recommended Resources 48:10 – Asset Building
51:41 – Diana’s example of microloans’ success
53:40 – Video on flexible funding
58:16 – Question: How does this conversation about social capital change when the survivor is a foreign national and is removed from their community and social network?
Review the Event Takeaways Sheet here.
Topic(s): Case Management
Resource Type: Event Recording
Date: June 21, 2022