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> Posted by Elisabeth Rhyne

I wrote a blog post on the Huffington Post a couple of weeks ago, just thinking out loud about something which suddenly seems absolutely central to financial inclusion: money management. How do people keep track of their finances? Will people new to formal financial services be inclined to use a bank account as a money management tool? How do financially excluded people manage their money?

I was hoping to start a conversation. I even sent the post to several colleagues experts in this area. But what I got was yawns and silence.

Almost. I did get 2 comments, both from a U.S. perspective. “SirVantes137” said that the best way to help poor people with money management, including himself, was to pay them better so they would have something to manage. “Samantha is Soo Savory” referred me to powerwallet, an online money management tool, which looks pretty interesting, and very relevant to the question.

But the conversation among financial inclusion folks failed to take off, so I’m trying again. Come on, people, think about this. It’s important! Read the rest of this entry »