Additional income is not a cure-all for poverty; health, housing, food security, and many other factors also play critical roles in an individual’s stability and well-being. However, the role of cash and savings is receiving growing attention and showing positive impact, as organizations test approaches like guaranteed income programs, changes to tax credits, and more. This resource provides an overview of various cash-based levers that drive economic mobility.
Levers include:
- Universal Basic Income (UBI)
- Guaranteed Income
- Increasing the minimum wage
- Baby bonds
- Individual Development Account (IDA)
- Financial reparations
