Prosperity Now text with a family at a park

Building Financial Stability Through Emergency Savings

Low-income families are actively saving but they are struggling to sustain and grow savings over time. Too often, everyday emergencies force sacrifices of long-term financial goals and wealth accumulation to meet immediate needs and expenses. Stagnant wages, unexpected expenses, consumer debt and many other issues make it hard for working families to build savings.

The challenge is imposing: 40% of American households lack the liquid savings to subsist at the federal poverty level for three months if their income is interrupted.

In this webinar, we want to focus the conversation on emergency savings and how practitioners can support low-income individuals as they save for “now” expenses. We will be joined by two expert practitioners Erika Leos and Jonathan Young, whose organizations have long-supported clients in this field.

Join the Racial Wealth Equity Network and the Savings Network on Tuesday, November 12, 2019, from 2-3:30 p.m. ET for a webinar focused on emergency savings and how to help clients with their immediate savings needs. This webinar will report back finding from our latest All-In-One Savings Report and details about our advocacy work on Capitol Hill. Additionally, we will hear from community practitioners who work directly with clients on emergency savings and the strategies they have used to successfully help their clients save. Bring your own programmatic insights, your questions and your colleagues to what promises to be a dynamic discussion!

Speakers:

Erika Leos, Foundation Communities
Jonathan Young, Community Empowerment Fund
Parker Cohen, Prosperity Now
Laura Yepez, Prosperity Now

This webinar series is free, but advance registration is required.

Register Today!