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Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
Asset Building and Low Income Families

Asset Building and Low Income Families

Paperback

Series: Urban Institute Press

Personal FinanceUnited States Politics

Currently unavailable to order

ISBN10: 0877667543
ISBN13: 9780877667544
Publisher: Urban Inst Pr
Published: Oct 15 2008
Pages: 300
Language: English
Low-income families have scant savings to cushion a job loss or illness, and can find economic mobility impossible without funds to invest in education, homes, or businesses. And though a lack of resources leaves such families vulnerable, income-support programs are often closed to those with a bit of savings or even a car. Considering welfare-to-work reforms, the increasingly advanced skill demands of the American workforce, and our stretched Social Security system, such an approach is inadequate to lift families out of poverty. Asset-based policies--allowing or even helping low-income families build wealth--are an increasingly popular strategy to facilitate financial stability.

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