Is there a connection between the economic health of a family unit and the economic health of a city? In a recent article “Economically Stronger Family = Economically Stronger Cities”, author Heidi Goldberg outlines some of the innovative ways municipalities and government leaders are encouraging residents to make smart financial decisions. The idea is to provide resources families can use to prepare for financial crisis or unexpected expenses, thereby protecting the cities economy from increased reliance on public benefits, foreclosures, and lost tax revenue. An interesting read, its encouraging to see cities being proactive in preparing for the success of their residents.
As Benjamin Franklin said , “An investment in knowledge pays the best interest.”