>What's this pseudo bank's innovation? A raffle?
Who cares if it's just "a raffle"? Some behavioral economics research suggests it's a good way to get people to save, and it's not something offered by mainstream banks.
Who cares if it's just "a raffle"? Some behavioral economics research suggests it's a good way to get people to save, and it's not something offered by mainstream banks.
Easier said than done. If you think it's so easy to change behavior, run an economics experiment to prove it. You'll probably even win a nobel prize. In the meantime, I'm going to support whatever actually works, rather than holding out for an ideal solution