Being poor is expensive
Our financial systems are built to trap people in poverty—here's how you lift them out
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On this week’s episode is Dan Leibsohn, a long-time problem solver in the alternative economy space. Dan set up an alternative community cash checking which provides loans and cash at a much lower rate than the predatorial financial schemes who exist purely to scam those in poverty out of even more money.
Dan explains how the banking system traps people in poverty, and explains how some counter-intuitive approaches—like providing pay-day loans—have really helped members of his community lift themselves out of poverty.
Dan is a real proactive expert in this field with a wealth of knowledge to learn from. Listen to the episode here or find it on Apple Podcasts or Spotify.
Discover Community Check Cashing here!