Asset Building: An Effective Poverty-Reduction Strategy
Author: Momentum
Topic: Asset building and saving
Publisher: Momentum
Location: Canada
Format: Brief
Content Type: Miscellaneous
Publication Date: January 1, 2014

This brief explains the asset-building approach to poverty reduction. 

While many families who live on low incomes struggle to meet basic needs, they miss out on opportunities to save and invest - opportunities that are critical in overcoming poverty. Without income, people are unable to get by and without assets, people are unable to get ahead.

At Momentum, we call opportunities to save or invest, Asset Building.
With financial assets, individuals can pay down debt, save more, earn a good credit rating, save for a down payment on a home, and build a sustainable livelihood.

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