Earn is a program for low income people to save money for specific assets such as, paying for college, purchasing a home or starting a small bussiness.
for every $1 the family saves Earn gives $2 to low income family, which can accumulate up to $2,000 a year.
Earn is focused on expanding economic opprtunities for low income families.
in my opinion, this is a great idea for families that struggle making good finacial decisions, or who wish to sned their kids to college. this program benefits not only the familes fanancial well-being, but the future outcome of the children getting the education they diserve. The parents have to take classes for financial mangemnt which makes them smart about how to deal with how they spend thier money, as well as what is important to spend money on.
Tuesday, March 17, 2009
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