Study • Finance · Savings
Earmarking and Partitioning: Increasing Saving by Low-Income Households
Summary by BHUB
A randomized evaluation found that workers who received their earmarked savings in two envelopes saved an average of 414 rupees, or 72% more than the 241 rupees saved by workers who received their savings in one envelope.
Tactics used
TACTICS
Goal Setting
TACTICS
Commitment Devices
TACTICS
Reminders
TACTICS
Cues
TACTICS
& Triggers
Behaviors addressed
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