Using Individual Development Accounts (IDAs) To Sustain Homeownership and Foster Financial Skills, Practices, and Self-Efficacy
Now, more than ever, saving for a down payment and the sustainability of homeownership are crucial. This study presents data on an effective savings program for low-income individuals and families-Individual Development Accounts (IDA). In this study, 93% of the participants in the intervention progr...
Gespeichert in:
| Veröffentlicht in: | Journal of family and consumer sciences 2015-07, Vol.107 (3), p.18-26 |
|---|---|
| 1. Verfasser: | |
| Format: | Artikel |
| Sprache: | eng |
| Schlagworte: | |
| Online-Zugang: | Volltext |
| Tags: |
Tag hinzufügen
Keine Tags, Fügen Sie den ersten Tag hinzu!
|
| container_end_page | 26 |
|---|---|
| container_issue | 3 |
| container_start_page | 18 |
| container_title | Journal of family and consumer sciences |
| container_volume | 107 |
| creator | Delgadillo, Lucy M. |
| description | Now, more than ever, saving for a down payment and the sustainability of homeownership are crucial. This study presents data on an effective savings program for low-income individuals and families-Individual Development Accounts (IDA). In this study, 93% of the participants in
the intervention program reported making their mortgage payment without any difficulty, and 98% said that after paying their mortgage, they had enough money left for other non-shelter necessities. The study also showed statistical differences in financial skills and efficacy when IDA participants
were compared to a control group. The IDA group felt much more confident in their financial skills than did the control group and was more likely to set and achieve their financial goals. |
| format | Article |
| fullrecord | <record><control><sourceid>pubtec_proqu</sourceid><recordid>TN_cdi_proquest_journals_1708494388</recordid><sourceformat>XML</sourceformat><sourcesystem>PC</sourcesystem><ingid>aafcs/jfcs/2015/00000107/00000003/art00005</ingid><sourcerecordid>aafcs/jfcs/2015/00000107/00000003/art00005</sourcerecordid><originalsourceid>FETCH-LOGICAL-i1882-ea812848c875c9b1a40c18939cf045e4d97873ffaf549e3b19efcc27c8e858ce3</originalsourceid><addsrcrecordid>eNp9kE1rGzEQhpeQQBwn_0HQSwtd0MfKKx3d2I4NgQacnIUyO0rkbrTuSuuQXPrXq8WBntI5aN7DwzPiPSkmXAhWSjHTp8WEUcVLNpPsvLiIcUcp4zNaTYo_D9GHJ7IJjT_4ZrAtWeAB227_giGROUA3hBTJ181iHr-R-45sh5isD2TdvWD3GrCPz35PbGjIqosJe7LywQbw2bT95ds2fid3vYXkAXMcuS22rlw658HC22Vx5mwb8epjT4uH1fL-el3e_rzZXM9vS89U_jlaxbiqFKhagn5ktqLAlBYaHK0kVo2uVS2cs05WGsUj0-gAeA0KlVSAYlp8OXr3ffd7wJjMrhv6kE8arplUnErN_0exmqpKV0KpTN0dqdxcbsn-gzwYax1kOtc9tm0OjNZBGE45o_mOYVJQ06CzQ5tMsr15ejdRZuWPT5RH3258OM0COk6WHgOlwtg-jUGKvzEyl2o</addsrcrecordid><sourcetype>Aggregation Database</sourcetype><iscdi>true</iscdi><recordtype>article</recordtype><pqid>1708494388</pqid></control><display><type>article</type><title>Using Individual Development Accounts (IDAs) To Sustain Homeownership and Foster Financial Skills, Practices, and Self-Efficacy</title><source>EBSCOhost Education Source</source><creator>Delgadillo, Lucy M.</creator><creatorcontrib>Delgadillo, Lucy M.</creatorcontrib><description>Now, more than ever, saving for a down payment and the sustainability of homeownership are crucial. This study presents data on an effective savings program for low-income individuals and families-Individual Development Accounts (IDA). In this study, 93% of the participants in
the intervention program reported making their mortgage payment without any difficulty, and 98% said that after paying their mortgage, they had enough money left for other non-shelter necessities. The study also showed statistical differences in financial skills and efficacy when IDA participants
were compared to a control group. The IDA group felt much more confident in their financial skills than did the control group and was more likely to set and achieve their financial goals.</description><identifier>ISSN: 1082-1651</identifier><identifier>EISSN: 2331-5369</identifier><language>eng</language><publisher>Alexandria: American Association of Family & Consumer Sciences</publisher><subject>Banking ; Behavior ; College Students ; Consumer protection ; Control Groups ; Credit cards ; Down payments ; Education ; Financial management ; Home ownership ; Homeowners ; Households ; Housing ; Insurance policies ; Low income groups ; Mortgages ; Self-efficacy</subject><ispartof>Journal of family and consumer sciences, 2015-07, Vol.107 (3), p.18-26</ispartof><rights>Copyright American Association of Family & Consumer Sciences Summer 2015</rights><rights>Copyright American Association of Family & Consumer Sciences 2015</rights><lds50>peer_reviewed</lds50><woscitedreferencessubscribed>false</woscitedreferencessubscribed></display><links><openurl>$$Topenurl_article</openurl><openurlfulltext>$$Topenurlfull_article</openurlfulltext><thumbnail>$$Tsyndetics_thumb_exl</thumbnail><link.rule.ids>315,782,786</link.rule.ids></links><search><creatorcontrib>Delgadillo, Lucy M.</creatorcontrib><title>Using Individual Development Accounts (IDAs) To Sustain Homeownership and Foster Financial Skills, Practices, and Self-Efficacy</title><title>Journal of family and consumer sciences</title><addtitle>J Family Consumer Sci</addtitle><description>Now, more than ever, saving for a down payment and the sustainability of homeownership are crucial. This study presents data on an effective savings program for low-income individuals and families-Individual Development Accounts (IDA). In this study, 93% of the participants in
the intervention program reported making their mortgage payment without any difficulty, and 98% said that after paying their mortgage, they had enough money left for other non-shelter necessities. The study also showed statistical differences in financial skills and efficacy when IDA participants
were compared to a control group. The IDA group felt much more confident in their financial skills than did the control group and was more likely to set and achieve their financial goals.</description><subject>Banking</subject><subject>Behavior</subject><subject>College Students</subject><subject>Consumer protection</subject><subject>Control Groups</subject><subject>Credit cards</subject><subject>Down payments</subject><subject>Education</subject><subject>Financial management</subject><subject>Home ownership</subject><subject>Homeowners</subject><subject>Households</subject><subject>Housing</subject><subject>Insurance policies</subject><subject>Low income groups</subject><subject>Mortgages</subject><subject>Self-efficacy</subject><issn>1082-1651</issn><issn>2331-5369</issn><fulltext>true</fulltext><rsrctype>article</rsrctype><creationdate>2015</creationdate><recordtype>article</recordtype><sourceid>8G5</sourceid><sourceid>ABUWG</sourceid><sourceid>AFKRA</sourceid><sourceid>AZQEC</sourceid><sourceid>BEC</sourceid><sourceid>BENPR</sourceid><sourceid>CCPQU</sourceid><sourceid>DWQXO</sourceid><sourceid>GNUQQ</sourceid><sourceid>GUQSH</sourceid><sourceid>M2O</sourceid><recordid>eNp9kE1rGzEQhpeQQBwn_0HQSwtd0MfKKx3d2I4NgQacnIUyO0rkbrTuSuuQXPrXq8WBntI5aN7DwzPiPSkmXAhWSjHTp8WEUcVLNpPsvLiIcUcp4zNaTYo_D9GHJ7IJjT_4ZrAtWeAB227_giGROUA3hBTJ181iHr-R-45sh5isD2TdvWD3GrCPz35PbGjIqosJe7LywQbw2bT95ds2fid3vYXkAXMcuS22rlw658HC22Vx5mwb8epjT4uH1fL-el3e_rzZXM9vS89U_jlaxbiqFKhagn5ktqLAlBYaHK0kVo2uVS2cs05WGsUj0-gAeA0KlVSAYlp8OXr3ffd7wJjMrhv6kE8arplUnErN_0exmqpKV0KpTN0dqdxcbsn-gzwYax1kOtc9tm0OjNZBGE45o_mOYVJQ06CzQ5tMsr15ejdRZuWPT5RH3258OM0COk6WHgOlwtg-jUGKvzEyl2o</recordid><startdate>20150701</startdate><enddate>20150701</enddate><creator>Delgadillo, Lucy M.</creator><general>American Association of Family & Consumer Sciences</general><scope>0-V</scope><scope>3V.</scope><scope>4U-</scope><scope>7RQ</scope><scope>7XB</scope><scope>88B</scope><scope>8A4</scope><scope>8FK</scope><scope>8G5</scope><scope>ABUWG</scope><scope>AFKRA</scope><scope>ALSLI</scope><scope>AZQEC</scope><scope>BEC</scope><scope>BENPR</scope><scope>CCPQU</scope><scope>CJNVE</scope><scope>DWQXO</scope><scope>GNUQQ</scope><scope>GUQSH</scope><scope>M0P</scope><scope>M2O</scope><scope>MBDVC</scope><scope>PQEDU</scope><scope>PQEST</scope><scope>PQQKQ</scope><scope>PQUKI</scope><scope>PRINS</scope><scope>Q9U</scope><scope>S0X</scope></search><sort><creationdate>20150701</creationdate><title>Using Individual Development Accounts (IDAs) To Sustain Homeownership and Foster Financial Skills, Practices, and Self-Efficacy</title><author>Delgadillo, Lucy M.</author></sort><facets><frbrtype>5</frbrtype><frbrgroupid>cdi_FETCH-LOGICAL-i1882-ea812848c875c9b1a40c18939cf045e4d97873ffaf549e3b19efcc27c8e858ce3</frbrgroupid><rsrctype>articles</rsrctype><prefilter>articles</prefilter><language>eng</language><creationdate>2015</creationdate><topic>Banking</topic><topic>Behavior</topic><topic>College Students</topic><topic>Consumer protection</topic><topic>Control Groups</topic><topic>Credit cards</topic><topic>Down payments</topic><topic>Education</topic><topic>Financial management</topic><topic>Home ownership</topic><topic>Homeowners</topic><topic>Households</topic><topic>Housing</topic><topic>Insurance policies</topic><topic>Low income groups</topic><topic>Mortgages</topic><topic>Self-efficacy</topic><toplevel>peer_reviewed</toplevel><toplevel>online_resources</toplevel><creatorcontrib>Delgadillo, Lucy M.</creatorcontrib><collection>ProQuest Social Sciences Premium Collection</collection><collection>ProQuest Central (Corporate)</collection><collection>University Readers</collection><collection>Career & Technical Education Database</collection><collection>ProQuest Central (purchase pre-March 2016)</collection><collection>Education Database (Alumni Edition)</collection><collection>Education Periodicals</collection><collection>ProQuest Central (Alumni) (purchase pre-March 2016)</collection><collection>Research Library (Alumni Edition)</collection><collection>ProQuest Central (Alumni Edition)</collection><collection>ProQuest Central UK/Ireland</collection><collection>Social Science Premium Collection</collection><collection>ProQuest Central Essentials</collection><collection>eLibrary</collection><collection>ProQuest Central</collection><collection>ProQuest One Community College</collection><collection>Education Collection</collection><collection>ProQuest Central Korea</collection><collection>ProQuest Central Student</collection><collection>Research Library Prep</collection><collection>Education Database</collection><collection>Research Library</collection><collection>Research Library (Corporate)</collection><collection>ProQuest One Education</collection><collection>ProQuest One Academic Eastern Edition (DO NOT USE)</collection><collection>ProQuest One Academic</collection><collection>ProQuest One Academic UKI Edition</collection><collection>ProQuest Central China</collection><collection>ProQuest Central Basic</collection><collection>SIRS Editorial</collection><jtitle>Journal of family and consumer sciences</jtitle></facets><delivery><delcategory>Remote Search Resource</delcategory><fulltext>fulltext</fulltext></delivery><addata><au>Delgadillo, Lucy M.</au><format>journal</format><genre>article</genre><ristype>JOUR</ristype><atitle>Using Individual Development Accounts (IDAs) To Sustain Homeownership and Foster Financial Skills, Practices, and Self-Efficacy</atitle><jtitle>Journal of family and consumer sciences</jtitle><stitle>J Family Consumer Sci</stitle><date>2015-07-01</date><risdate>2015</risdate><volume>107</volume><issue>3</issue><spage>18</spage><epage>26</epage><pages>18-26</pages><issn>1082-1651</issn><eissn>2331-5369</eissn><abstract>Now, more than ever, saving for a down payment and the sustainability of homeownership are crucial. This study presents data on an effective savings program for low-income individuals and families-Individual Development Accounts (IDA). In this study, 93% of the participants in
the intervention program reported making their mortgage payment without any difficulty, and 98% said that after paying their mortgage, they had enough money left for other non-shelter necessities. The study also showed statistical differences in financial skills and efficacy when IDA participants
were compared to a control group. The IDA group felt much more confident in their financial skills than did the control group and was more likely to set and achieve their financial goals.</abstract><cop>Alexandria</cop><pub>American Association of Family & Consumer Sciences</pub><tpages>9</tpages></addata></record> |
| fulltext | fulltext |
| identifier | ISSN: 1082-1651 |
| ispartof | Journal of family and consumer sciences, 2015-07, Vol.107 (3), p.18-26 |
| issn | 1082-1651 2331-5369 |
| language | eng |
| recordid | cdi_proquest_journals_1708494388 |
| source | EBSCOhost Education Source |
| subjects | Banking Behavior College Students Consumer protection Control Groups Credit cards Down payments Education Financial management Home ownership Homeowners Households Housing Insurance policies Low income groups Mortgages Self-efficacy |
| title | Using Individual Development Accounts (IDAs) To Sustain Homeownership and Foster Financial Skills, Practices, and Self-Efficacy |
| url | https://sfx.bib-bvb.de/sfx_tum?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&ctx_tim=2024-12-04T21%3A30%3A57IST&url_ver=Z39.88-2004&url_ctx_fmt=infofi/fmt:kev:mtx:ctx&rfr_id=info:sid/primo.exlibrisgroup.com:primo3-Article-pubtec_proqu&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.atitle=Using%20Individual%20Development%20Accounts%20(IDAs)%20To%20Sustain%20Homeownership%20and%20Foster%20Financial%20Skills,%20Practices,%20and%20Self-Efficacy&rft.jtitle=Journal%20of%20family%20and%20consumer%20sciences&rft.au=Delgadillo,%20Lucy%20M.&rft.date=2015-07-01&rft.volume=107&rft.issue=3&rft.spage=18&rft.epage=26&rft.pages=18-26&rft.issn=1082-1651&rft.eissn=2331-5369&rft_id=info:doi/&rft_dat=%3Cpubtec_proqu%3Eaafcs/jfcs/2015/00000107/00000003/art00005%3C/pubtec_proqu%3E%3Curl%3E%3C/url%3E&disable_directlink=true&sfx.directlink=off&sfx.report_link=0&rft_id=info:oai/&rft_pqid=1708494388&rft_id=info:pmid/&rft_ingid=aafcs/jfcs/2015/00000107/00000003/art00005&rfr_iscdi=true |