Livelihoods are an important aspect of development, which many organisations would like to support. However, how this complex and fluctuating behaviour works is not yet fully understood.
There are many aspects that livelihoods and financial behaviour have in common. As much as financial behaviour fluctuates strongly over time, livelihoods also vary greatly according to the season and the specific circumstances of a person or household. In the same way that low-income people use many different financial mechanisms at a time, they pursue many different forms of income earning simultaneously.
On request of the MasterCard Foundation L-IFT adapted the diaries methodology for researching livelihoods. Read more about the Youth Livelihood Project here