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This article explains the obstacles that Low-to-Moderate Income (LMI) households face in asset building, examines the incentives banks have for encouraging these households to save, and describes some strategies banks have used to build profitable relationships that also benefit LMI consumers. More information...
Audience: Individual Researcher Teacher Youth
Type of Resource: Article
Date: 4/2/2008
The Make Your Path (MY Path) initiative provides disadvantaged youth with peer-led financial capability trainings, a savings account at a mainstream financial institution and incentives to set and meet savings goals. The program focuses on youth earning their first paycheck—a critical “teachable More information...
Audience: Teacher Researcher
Type of Resource: Working paper
Tags: youth, underserved, underserved youth, peer learning
Date: 3/1/2013