Additional Authors

Friedline, Terri; Birkenmaier, Julie

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

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