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What is asset development & why is it important to people with low-incomes? Asset Development is a series of strategies that can help people improve their economic status. Saving money and developing assets will directly impact quality of life. Both of the above.

Asset Development IS a series of strategies including using work incentives to help add to monthly disability benefits, matched savings accounts, certain favorable tax credits, the Medicaid Buy-In program, strong benefits planning and a sound knowledge of financial literacy. This answer tells us what asset development is but NOT why it’s important. Please try again! Close, but Not Quite…

You’re Getting Closer This explains why Asset Development is important but not what Asset Development is. There is a better answer, please try again!

CORRECT!!! Asset Development is a series of strategies that has the potential to help people with low-incomes improve their economic status. It is important because it produces choices that directly impact quality of life, especially regarding mental and physical health. It promotes a positive self-concept and a greater level of community participation, as well as changes expectations and status with other community stakeholders. To learn more about the importance of Asset Development for individuals with low-incomes, visit: Second DPN Trainings are a National Disability Program Navigator collaborative effort