Cash transfers have been the most traditional policy to fight poverty and inequality in developing countries. These programs provide a small amout of income for poor families, sometimes imposing conditionatilies such as health and education commitments. An additional source of income will naturally reduce the budget contraints of beneficiary families. But how beneficiaries feel about the improvements in their lives? The paper recently published by Daniel Morales Marinez and Alexandre Gori Maia at the Journal of Family and Economic Issues analyzed the case of the Colombian Mas Familias en Acción. The authors show that transfers tend to increase the self-reported perceptions of poverty and income insufficiency. Cash transfers do not provide a stable source of income and the beneficiaries clearly recognizes their social vulnerability. But the benefits of conditionalities on health and education, which link the transfers to investments in human capital, are largely recognize by beneficiary families.