In the next edition of “Your Money and Your Life,” Need to Know travels to Memphis, Tennessee to cover the Family Rewards Program – an initiative that aims to break the intergenerational cycle of poverty by offering cash incentives.
The program rewards low-income families with cash payments for good attendance, good grades, steady employment, and going to the doctor and dentist. The goal is to increase self-sufficiency, create healthy habits and promote savings. Critics ask, why pay families for what they should be doing anyway, and what happens once the money runs out?
The report, which includes an interview with Memphis Mayor A C. Wharton, is followed by an interview with New York Deputy Mayor Linda Gibbs. The broadcast ends with an essay by Memphis-born playwright Katori Hall (“The Mountaintop”) on breaking down assumptions about poverty.
What’s on this week: