Publication Date
5-4-2018
Summary
In households without emergency savings, an unexpected expense or financial shock can heighten stress and threaten the ability to meet basic needs. This brief, released through the Grand Challenges for Social Work initiative’s network toBuild Financial Capability for All, identifies three types of policies to enable U.S. households to save for emergencies.
Document Type
Policy Brief
Category
Social Innovation Partnerships
Subarea
Grand Challenges for Social Work
Original Citation
Despard, M. R., Friedline, T., & Birkenmaier, J. (2018, May). Policy recommendations for helping U.S. households build emergency savings (Grand Challenges for Social Work initiative Policy Brief No. 11-3). Cleveland, OH: American Academy of Social Work & Social Welfare.
Project
Grand Challenges for Social Work
Keywords
American Academy of Social Work & Social Welfare, Grand Challenges for Social Work, bank accounts, federal policy, financial capability, financial services, credit, financial stress, saving, savings, savings, contingency, social policy, tax
Recommended Citation
Despard, M. R., Friedline, T., & Birkenmaier, J. (2018, May). Policy recommendations for helping U.S. households build emergency savings (Grand Challenges for Social Work initiative Policy Brief No. 11-3). Cleveland, OH: American Academy of Social Work & Social Welfare.