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I'm surprised that Prize Linked Savings Accounts (PLSAs) aren't more mainstream (https://en.wikipedia.org/wiki/Prize-linked_savings_account https://en.wikipedia
by dawhizkid 8y ago
I'm surprised that Prize Linked Savings Accounts (PLSAs) aren't more mainstream (https://en.wikipedia.org/wiki/Prize-linked_savings_account https://en.wikipedia.org/wiki/Prize-linked_savings_account). Legality is state dependent I believe, and CA just passed into law late last year.
Plenty of studies show that they encourage more savings from those who previously did not save.