Achieving Financial Resilience in the Face of Financial Setbacks
Author:
Topic: Asset building and saving
Publisher: AFN - Asset Funders Network
Location: United States
Format: Brief
Content Type: Research
Publication Date: November 17, 2020
, Topic: Asset building and saving
Publisher: AFN - Asset Funders Network
Location: United States
Format: Brief
Content Type: Research
Publication Date: November 17, 2020
Financial shocks like these happen to financially vulnerable families every day. Such shocks destabilize household finances and can create hardships that threaten overall well-being. Having tools to manage financial emergencies is critical for people’s long-run financial security.
The Asset Funders Network (AFN) developed this primer to inform community-based strategies that can help economically-vulnerable families to better manage financial setbacks, shortfalls, and shocks. The goal of this brief is to provide a common understanding and language for funders and financial capability programs as part of a financial emergency toolkit.
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