Save the Children supports a range of income generation, employment, and credit and savings projects. This working paper investigates the impact that these projects have on children's lives. The report observes that indicators for monitoring income generation projects need to be selected with great care. It is important to recognize both the social and economic costs and benefits of a project. The wide variations in household structures and household economy show that it is not safe to assume that benefits from a project will automatically "trickle down" to children. This report makes a contribution to our understanding of the relationship between children's welfare and economic development.