 IDAs can help participants achieve their goal of homeownership by encouraging savings and providing matched funds to overcome the lack of income and liquid wealth needed to make a down payment or pay housing closing costs.Even if the savings from an IDA do not result in a full purchase amount, a recent study shows that the probability of a household owning a home increases by 41% by just having $1000 in liquid wealth, which is a feasible goal under an IDA program.Access to post secondary education can positively impact one's economic status as well as critical thinking abilities.