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Ways to work: putting working families behind the wheel and heading toward a stronger financial future

Author

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  • Tom Waldron

Abstract

The demand for cars is strong in many areas of the country where public transportation fails to meet the needs of working families. Long commutes make it hard to get to work on time and take workers away from their families and homes. Using a Ways to Work loan to purchase a reliable vehicle makes it easier for workers to hold down a job, advance into better-paying jobs in different locations, or pursue additional education or training.

Suggested Citation

  • Tom Waldron, 2007. "Ways to work: putting working families behind the wheel and heading toward a stronger financial future," Profitwise, Federal Reserve Bank of Chicago, issue May, pages 11-13.
  • Handle: RePEc:fip:fedhpw:y:2007:i:may:p:11-13
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    File URL: http://www.chicagofed.org/digital_assets/publications/profitwise_news_and_views/2007/05_2007_pnv_reg_ed.pdf
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    Keywords

    Financial literacy; Employment;

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