By Ashley Alman, New America Foundation
You probably brush your teeth every morning, a habit you started developing as soon as you were able to hold your own tooth brush. So, what if we applied the same logic to asset building – that as soon as you could grasp a handful of change, you started saving?
New Research Explains Savings Habits of Young People in Developing Nations
By Jamie Zimmerman and Clara Hogan, New America Foundation
Teens in poor nations want to save larger amounts of money over the long-term in secure places to pay for their education or to start a small business, which can be used to bump them up into a better set of opportunities, according to new research released last week by the YouthSave Initiative.
Blog: It's all in the Mind - How Behavioral Science Presents a Golden Opportunity for Financial Inclusion
By Payal Pathak, New America Foundation
With the “golden age of behavioral research,” as New York Times columnist David Brooks recently described, comes a golden opportunity for the asset building and financial inclusion fields. Indeed, the latest breakthroughs in social science and behavioral research beg – or perhaps even force – us to think differently about poverty reduction and the policies and mechanisms that can enable it.