Program Overview
The Opportunity Passport program provided participants with professional financial guidance as well as a debit and savings account, plus opportunities to earn stipends and savings matches.
This report examines the financials habits, perspectives, struggles and success of Opportunity Passport® program participants. Developed by the Jim Casey Youth Opportunities Initiative™, Opportunity Passport aims to offer critical financial practice and guidance to youth who are transitioning out of foster care.
Young adults in foster care are thrust into adult financial responsibilities earlier and more abruptly than their general population peers. At the same time, these youth often miss out on important financial socialization opportunities, from owning a piggy bank and earning an allowance to listening to dinner table discussions about saving and investing. A consistent, positive role model can introduce young people to these opportunities and help them enter adulthood better prepared for financial success.
We hope you'll find value in this report. We’d love to get a little information from you, which we'll use to notify you about relevant new resources.