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The Inclusive Economy

Prize-Linked Savings Report and Event

By Sean Luechtefeld on 10/12/2011 @ 01:00 PM

Tags: Events, Recommended Reading

Here’s the latest announcement from our friends at D2D Fund about their new prize-linked savings report and upcoming prize-linked savings Summit on November 18.

Please take a look at our newest prize-linked savings (PLS) publication, "Prize-Linked Savings And Financially Vulnerable Americans: Insights from a Five-State Study," which details the results of the first-ever panel survey of 1,300 low-to-moderate income American households’ demand and preferences for PLS.

“In my prior work, I focused on the question of how we get money into the hands of low-income individuals and households. At D2D, I was able to think instead about how to help low-income households actually save more of that income,” said the report’s lead author, Heidi Boyd. “A prize-linked savings product can motivate individuals to increase their participation in the formal banking sector and therefore enable them to save more of their income.”

This report is part of a series of papers written and published by D2D that delve deeper into the cutting-edge PLS innovation. Look for the next paper in a few weeks which focuses on the continued success and ongoing innovation around Save to Win in Michigan.

Don't forget that on November 18, 2011, D2D will be hosting a PLS Summit – participants will join an engaging discussion of implementers, academics, entrepreneurs, funders, and policy makers while hearing about the latest research, innovation, and scale models for PLS. To register, click here.

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