What Resources Do Families Have for Financial Emergencies?

Nov 18, 2015
  • Description

This brief is the second in a series of three that explore how financial shocks and emergency savings are related to the financial well-being of families. Savings may help households cope with unexpected expenses and preserve wealth over the long run. Understanding the frequency and impact of events that might strain budgets, and the resources families have to cope with them, is crucial to building policies that promote financial well-being.