8/30/2014 – Using Gambling to Entice Low-Income Families to Save (NY Times)

Sep 02, 2014 Comments Off by

While building up savings offers the best route out of poverty, the glamourless grind of socking away a dollar here and there has a tough time competing with the heady fantasy of a Mega Millions jackpot. But instead of attacking lotteries, a growing number of credit unions and nonprofit groups are using them to encourage low-income families to save.

Read the full article at the New York Times.

Financial Landing 2014

About the author

The author didnt add any Information to his profile yet