Publication Date

1-6-2020

Summary

Entrepreneurship can offer a path out of poverty, but do low-income entrepreneurs have the knowledge and resources they need to succeed?

Reporting on analyses of data from the Consumer Financial Protection Bureau’s 2016 National Financial Well-Being Survey, this brief suggests that many would-be entrepreneurs turn to alternative financial products in lieu of mainstream options and could benefit from comprehensive financial guidance designed to bolster financial capability.

Document Type

Research Brief

Category

Asset building

Subarea

Financial Capability

Project

Financial Capability and Asset Building

Keywords

2020 ; fiancial capability; United States ; financial education ;

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