Tag: saving

In last Tuesday’s election, voters in Massachusetts and three cities – Oakland, California, and Montclair and Trenton, New Jersey – approved paid sick time initiatives that benefit working mothers in particular. These election results come on the heels of a slew of similar initiatives approved in the past year covering all or certain groups of…
Recent immigrants – whether from Mexico, Africa or China – often form groups that regularly contribute to a pool of money. Group members then take turns pulling out $500 or $1,000 in accumulated cash. These savings groups are one aspect of a pervasive underground money culture bustling beneath the surface in U.S. communities of immigrants…