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September 16, 2005
Can Financial Literacy Enhance Asset Building?
From The Urban Institute:
Even when incentives to save and invest are strong, many low- and moderate-income families lack the basic knowledge to manage their income wisely, build wealth, and avoid excessive debt. This brief examines financial literacy research and programs to improve financial knowledge and decision-making. While research suggests that existing programs do make a difference in financial behavior, data collection and policy concerns make financial literacy a fertile ground for further development as part of an asset-building agenda. Read more from this post.
Posted on September 16, 2005 12:01 AM
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