General Article New report solves the savings puzzle for low-income households

Topic Selected: Money Matters
This article is 7 years old. Click here to view the latest articles for this topic.

A new report published today by the Financial Health Exchange, within Toynbee Hall, supported by J.P. Morgan, finds that informal savings techniques help low income households to be financially resilient.

Savings for the Future; Solving the savings puzzle for low-income households, finds evidence for a variety of personal motivations that help low income households to put away small amounts of money, including for rewards like family treats and holidays. Also for less obvious reasons such as ...

Would you like to see the rest of this article and all the other benefits that Issues Online can provide with?

Sign up now for a no obligation FREE TRIAL and view the entire collection