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  • How to Trick People Into Saving Money

    A large number of Americans are "unbanked or underbanked"—meaning they are not tied to traditional financial institutions to manage their money—which makes saving difficult. Walmart has managed to serve this population with a debit card program called MoneyCard that provides financial incentives to users to regularly put aside money into a "vault." This approach effectively takes into account behavioral economics in terms of how humans approach short- versus long-term rewards. Launching in August 2016, the program's membership had grown more than 130% and savings increased by 38% by December 2016.

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  • You Can Invest Directly Into Building Bike Paths, Better Schools

    The startup Neighborly is making municipal bonds feel relevant. Rather than investing in a “muni” bond indirectly through a retirement fund, individuals can now directly purchase these bonds and target the money to areas they feel passionate about, whether that is building bike lanes in Vermont or investing in schools in Massachusetts. Neighborly is building renewed interest in the municipal bond market while generating more funding for important infrastructure projects.

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  • Public banking goes to pot

    California looks to the Bank of North Dakota as a model to launch a public bank for the cannabis industry. While the Bank of North Dakota is the only public bank in the country thus far, California's cannabis industry hopes to mirror this public financing method to reduce marijuana-related violence and theft throughout the state.

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  • The world's greenest island

    Samsø, a small island in Denmark, has done what no other city has reached; energy independence. People on the island use a combination of wind, solar, and biomass, energy. How is such a large feat accomplished? Local leaders say it wasn’t because of technological breakthrough, but through collective action.

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  • Where Pregnancy Isn't A Death Sentence

    In the Nigeria state of Ondo the maternal mortality rate fell by 40 percent after the state unrolled the Abiye vanguard program. Over 400 health vanguard’s were hired to ensure that pregnant women delivered their babies in healthcare facilities, rather than with traditional birth attendants. “94.7 percent of deliveries today are now handled by skilled attendants, compared to 38 percent nationwide.”

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  • In Myanmar's slums, women pool savings to get relief from crushing loans

    Years of misrule and a subsequent dearth of hard currency, along with crippling bank-fostered debt cycles and exorbitant home mortgage interest rates, have created immense suffering for Myanmar's poor. But with the guidance of a local NGO, Women for the World, a pilot project helped women in some of Yangon's poorest neighborhoods capitalize on their cultural "head-of-household" status; by forming and managing community savings cooperatives, the women have instilled trust through local control and, above all, enabled members to secure land, build homes, buy food, and even generate profit through loans to families' business enterprises.

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  • How to Keep Businesses (and Small Towns) Alive When Owners Retire

    RedTire, short for Redefine Your Retirement, is helping small businesses stay afloat by facilitating transitions in business ownership and acting as a non-profit business broker. The service helps rural communities thrive since small businesses are essential to the vitality of small towns. In its five year history, RedTire has brokered sales that collectively total over $22 million.

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  • A Surprising Path Out of Domestic Abuse: Entrepreneurship

    Women are often stuck in an abusive relationship due to poor financial situations. Programs are beginning to help abused women by giving them support and helping them become entrepreneurs in order to become financially independent.

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  • Northern Lights: Large-Scale Solar Power Is Spreading Across the U.S.

    Once largely confined to the desert Southwest, solar power is making its way across the United States. Due to decreasing prices in installations, coupled with government incentives and increasing knowledge of energy harvesting capabilities, solar has recently found its way into places such as Idaho, Maine, Alabama, Iowa, Kentucky, and Nebraska - with places like Georgia and Florida are looking to expand. Despite the pushback from the newest presidential administration, even cynics of the solar power movement are declaring it the most viable option.

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  • Small Town, Big Success With Reentry Program

    Jail-to-Jobs, a program with one employee, has helped more than 260 formerly incarcerated people find full-time jobs. Created by a district attorney who saw former felons struggling to be considered for openings, the program links local companies with insurance and support in order to promote hiring.

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