New Earth Disability (NED) banner

Education Materials

Public education is a cornerstone of any successful initiative, and we strive to engage the public through our materials and productions. Our team is committed to creating materials, videos and other educational resources about climate change and disability to distribute widely and bring the public on board. Of course, we want to connect to some specific groups – the disability community, climate change advocates, and policymakers – but we hope to reach the broader public as well. This part of our work aims to meet many goals: raising awareness, engaging advocates, and providing the information needed for people to prepare for climate change at a personal level. Among other things, we have created or are pursuing:

  • Editorials and other articles highlighting the disability-climate change connection
  • Information materials (such as handouts or worksheets) showing steps that people can take to increase personal climate resilience
  • Videos including shorter features and longer documentary pieces
  • Webpages with links, resources and more detail about the connections between climate change and disability

It is always amazing to see the impact that education can have on people’s lives – because when the public is aware of these important issues, they will buy in to support real change. And when they are given the resources to prepare on their own, individuals with disabilities can be much more resilient when climate change comes their way. We are always interested in partners who can help develop these materials and spread the word – if you would like to join us, please email Alex Ghenis at Alex@WID.org. Thanks!

Main content end

Several open books, piled on top of each other with pencils resting inside

Empowering People with Disabilities to Achieve their Financial Goals with TD Bank

The topic of financial empowerment has increasingly influenced economic discourse in recent years, as a growing number of Americans experience financial insecurity. One particular group of Americans, however, receives nominal attention when it comes to financial empowerment and these are individuals with disabilities.

Research shows that providing people of all abilities and backgrounds with the financial knowledge, tools, access and resources they need to make better financial decisions is not only a social good, it’s also economically expedient, increasing labor participation, while reducing costly government benefits.

In their ground-breaking work, Financial Literacy and Economic Outcomes: Evidence and Policy Implications, Mitchell and Lusardi suggest that nearly one-third of wealth inequality can be explained by the financial-knowledge gap. According to the authors, this gap could increase as consumers confront ever-more sophisticated financial products and services.

Given that around 56.7 million people — 19 percent of the population – have a disability, according to the 2010 census; nearly 16 million Americans with a disability age 25 or older have at least some college education; and over two million have annual incomes over $50,000 (more here), providing financial education and access to people with disabilities is vital to facilitating a healthier, more inclusive economy.

Illuminating a history of invisibility

People with disabilities have faced economic exclusion throughout history, largely owing to discriminatory attitudes and policies. And 28 years after the passage of the Americans with Disabilities Act, individuals with disabilities continue to battle against rampant societal and institutionalized bias.

Frequently stereotyped as unproductive and/or costly to accommodate, individuals with disabilities have suffered higher rates of unemployment along with lower levels of income and savings.

A 2015 survey from the Financial Industry Regulatory Authority’s Investor Education Foundation shows that people with disabilities reported lower scores on a financial literacy test than their non-disabled counterparts (44% vs. 53% average) and had lower self-perceived levels of financial knowledge (70% vs. 81%). People with disabilities are also more than twice as likely to find it “very difficult” to cover expenses and bills (23% vs. 9%), and twice as likely to be unbanked (12% vs. 6%), according to leading research.

Exacerbating the equity gap, many government disability benefit programs cap savings at $2,000, a clear disincentive for individuals with disabilities to become financially self-sufficient.

Addressing this inequity demands a radical shift in public perception along with educational tools and opportunities that empower individuals with disabilities to lead more independent and productive lives.

The power of progress

Thanks to growing awareness around the economic advantages of financial empowerment, the Achieving a Better Life Experience (ABLE) Act is one of a handful of progressive policies that is enabling individuals with disabilities to save money for the first time in history, without jeopardizing their Federal benefits.  Governmental agencies, nonprofits and purpose-driven banks (including TD Bank, Bank of America, Citi and others) have begun introducing programs and services to better serve current and future customers with disabilities.

In fact, TD Bank recently launched an Adaptive Financial Education program that offers a variety of on-site seminars along with interactive tools, tutorials and games that enable “individuals with diverse abilities” and their caregivers to navigate their financial lives more independently and successfully. This program teaches the fundamentals of banking to a segment of people that has been woefully underserved.

As a direct consequence of these new policies and programs, individuals with disabilities are able to work more and save more, eliminate overdraft fees, and improve their credit scores. They are purchasing more homes, establishing college savings plans for themselves and their children, and leading more fulfilling lives.

Given this trend, I can’t wait to see the 2020 census results.

Of this I am sure: When we, as a country, financially empower people with disabilities, we create a more vibrant and inclusive economy for all.

Written by Thomas Foley, J.D., Managing Director of the World Institute on Disability; published on the WID website April 16, 2018.

Main content end