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Saving For Education, Entrepreneurship, And Downpayment
Saving for Education, Entrepreneurship, and Downpayment (SEED) Policy and Practice Initiative is an American long-term savings and investment Investment is the dedication of money to purchase of an asset to attain an increase in value over a period of time. Investment requires a sacrifice of some present asset, such as time, money, or effort. In finance, the purpose of investing i ... account policy and practice endeavor that develops, tests and impels matched savings accounts and financial education for children and youth. The SEED accounts are installed at birth with an initial deposit of $1,000, and accumulates over the span of a lifetime. All the money will be invested in children’s savings accounts for future purposes. Established in 2003, the SEED initiative accrues deposits from family, friends, and accountholders themselves, as well as augmented by other public and private sources. Each voluntary contribution from any public or private sector should be invented ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Savings
Wealth is the abundance of valuable financial assets or physical possessions which can be converted into a form that can be used for transactions. This includes the core meaning as held in the originating Old English word , which is from an Indo-European word stem. The modern concept of wealth is of significance in all areas of economics, and clearly so for growth economics and development economics, yet the meaning of wealth is context-dependent. An individual possessing a substantial net worth is known as ''wealthy''. Net worth is defined as the current value of one's assets less liabilities (excluding the principal in trust accounts). At the most general level, economists may define wealth as "the total of anything of value" that captures both the subjective nature of the idea and the idea that it is not a fixed or static concept. Various definitions and concepts of wealth have been asserted by various individuals and in different contexts.Denis "Authentic Development: Is i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Investment
Investment is the dedication of money to purchase of an asset to attain an increase in value over a period of time. Investment requires a sacrifice of some present asset, such as time, money, or effort. In finance, the purpose of investing is to generate a return from the invested asset. The return may consist of a gain (profit) or a loss realized from the sale of a property or an investment, unrealized capital appreciation (or depreciation), or investment income such as dividends, interest, or rental income, or a combination of capital gain and income. The return may also include currency gains or losses due to changes in the foreign currency exchange rates. Investors generally expect higher returns from riskier investments. When a low-risk investment is made, the return is also generally low. Similarly, high risk comes with a chance of high losses. Investors, particularly novices, are often advised to diversify their portfolio. Diversification has the statistical effec ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The American Dream Demonstration
In banking, the American Dream Demonstration (ADD) was a program proxy developed to test the potential impact of Individual Development Accounts (IDA) and ran from 1997-2002. During its tenure, the ADD program demonstrated through 2,377 accounts, that IDAs can be delivered effectively by a wide range of community organizations and financial institutions. The ADD initiative was evaluated by eight different research methods including implementation assessment, participant case studies, cross sectional-survey, monitoring, in-depth interviews, cost analysis, experimental impact evaluation and assessment of community effects. Individual families During the six-year ADD demonstration, 2,364 low-income individuals became accountholders. It was evaluated that those with the lowest incomes in ADD’s saved more than those who earned more, with 46% were below the poverty line and 21% at less than half of the poverty line. Incomes averaged $9,843 for a single person and $16,687 for a family ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
