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Foster youth say bank account access is a missing piece in their transition to independence
Youth aging out of foster care face significant challenges and rely on the Texas Department of Family and Protective Services (DFPS) to sufficiently prepare them for independent living. An important part of the transition to independence is financial literacy. Bank accounts allow people to accumulate assets and build credit, which is key to establishing and maintaining financial stability.In our conversations with youth who have aged out of foster care, they felt they lacked essential financial