Low-income Families are Getting Terrible Financial Advice Online Ann Huff Stevens Quoted in Market Watch on Common Misconceptions About Poverty
Market Watch, April 3, 2018
There’s plenty of financial advice available for people with a
little extra money to spend — put more money in your 401(k),
create a rainy-day fund, start planning for your child’s college
education. But where do you go for tips if you’re struggling to
make ends meet?
Ann Huff Stevens of the UC Davis Center for Poverty
Research points out that advice often given to the poor
tends to miss the mark and doesn’t address some of the
root causes that push people into poverty and keep them there.