Low-Income Families Are Getting Terrible Financial Advice Online

4/2/2018 - Professor of Economics Ann Huff Stevens at MarketWatch.

There’s plenty of financial advice available for people with a little extra money to spend — put more money in your 401(k), create a rainy-day fund, start planning for your child’s college education.

But where do you go for tips if you’re struggling to make ends meet?

Some online tips miss the mark and don’t address some of the root causes that push people into poverty and keep them there, said Ann Huff Stevens, an economics professor at the University of California, Davis, who researches poverty.

Read the full story at MarketWatch.

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