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Released: July 04, 2010
IDAs can break cycle of proverty
Source: Kathy Kristof, Los Angeles Times
Dametria Williams started her financial life as a statistic — a poor single mom, just like her mother and grandmother before her.
But the San Francisco healthcare worker decided to break the cycle of poverty. Now the 38-year-old is a college graduate on the cusp of opening her own business. She is also raising a high-achieving teenager who is in position to win merit-based college scholarships.
She attributes her life’s 180-degree turn to two things: a new attitude and a savings account with matching funds provided to low-income participants.
Read Full Article: IDAs can break cycle of proverty
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