Asset Ownership and Debt in Families with Children

Assets play a large role in the economic success of families with children, but asset poverty and debt often struggle to cover bills, let alone save. A new brief from the National Center for Children in Poverty (NCCP) explores asset ownership and debt among families with children and examines disparities by race, gender of heads of family, and age of children. NCCP’s estimations of the financial assets of families with children and the proportion of families facing asset poverty and debt provide a picture of family financial insecurity and point to an area for policy intervention.

Policies to support family economic success.