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  • 2 years ago
Xiaolu and Emma on Community, Capitalism and Trust

Xiaolu and Emma on Community, Capitalism and Trust

Most people don't trust their own spouse with their money. This group of four women living in South Minneapolis share every penny they make. They call their home "The W.O.M.B."These four women earn different amounts of money, have different careers, backgrounds, and student loans. But everything they make goes into one account, and what they take out is meticulously budgeted and its use voted on. And a large portion of their money goes back into their community, either through non-profits or small businesses.  “The money is never really ours," says Emma, a founding member. "It’s just in our hands for a little bit and we redirect it to where it needs to go.”

[Music excerpts from This is Radio Clash by The Clash]

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