Sure, it certainly does. Yet there are also for-profit solutions that are helping significantly with poverty as well and helping people manage the cash flow and savings issues of being poor — take Instant Financial, for instance, which allows workers to get paid daily[1], and Walmart’s MoneyCard app, which uses behavioral finance to trick people into saving money.

When we close ourselves off to the idea that financial insecurity cannot be solved profitably, we close ourselves off to a multitude of potential solutions.

[1] https://www.wsj.com/articles/apps-let-workers-make-every-day... [2] https://www.google.com/amp/s/www.theatlantic.com/amp/article...