Research Shows Positive Impacts of Asset Building for Children and Parents
Authors
Publication date
10 October 2009
Publisher
Illinois Asset Building Group (IABG)
Abstract
Research findings on asset-building programs, such as Individual Development Accounts (IDAs) for adults and Saving for Education, Entrepreneurship, and Downpayment (SEED) accounts for children, show positive results. Individuals with assets save more, invest in their community, aspire toward educational goals, and strive for personal advancement