The scope of financial literacy education : a poverty alleviation tool in social work

Abstract

This article aims to develop an understanding of the scope of financial literacy education by addressing the question whether the social work profession could contribute to the financial literacy education of vulnerable people. The contribution of social work to financial literacy education could be substantiated, based on the profession's theoretical foundation. Financial literacy education should be facilitated by social workers as a poverty alleviation tool by linking financially vulnerable people and significant providers of financial education.