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Financial Education and Asset-Building Programs for Welfare Recipients and Low-Income Workers:The Illinois Experience

Financial Education and Asset-Building Programs for Welfare Recipients and Low-Income Workers:The Illinois Experience

By Dory Rand

Making sound financial decisions, building savings, establishing good credit, and other money management skills help low-income persons break out of poverty. The program created by the Financial Links for Low-Income People, a diverse statewide coalition, addresses the financial education and asset-building needs of welfare recipients and low-income workers. Illinois's experience with the program can be a blueprint for other states and federal policy initiatives in this growing area of legal advocacy.

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