Define Financial Social Work

Living in a society where money makes the world go round it is essential to be financial fit. You need money to pay for educational cost, housing, clothing, food, and the items that you desire. Money being the centered of why many people in a society do the things that they do to provide for themselves causes positive ,negative behaviors and emotions . In the year of 2010 “15% of all persons lived in poverty. This has been the highest poverty rate since the year 1993. This is why financial social work is important and can be used on all levels of social work such as micro, mezzo, and macro.
Define financial Social work in your own terms?
Financial Social work is interactive model that practitioners use to guide their clients to empower them to become financial secured by educating them on ways to alleviate their problems that may influence their personal behavioral patterns, and to give them support. The behavioral model also assists with helping the client to expand their self-awareness of their personal spending habits, the reasoning’s and providing the clients with strategies to make self -assessments.
Why financial social work is important?

Learning how to manage your money is the start of possibilities of increasing your cash flow, betterment of standard living, investments and having family security. Learning how to manage your money give you knowledge on the amount of money you should plan to set aside to pay for bills, and putting money away for emergency purposes. This open up opportunities to use your money on new opportunities such as selling accessories to earn more income. Saving helps you to be prepared for the future, just in case you encounter a situation where you lost income you have money to secure your family has coverage for any of their