Income Volatility: Why it Destabilizes Working Families and How Philanthropy Can Make a Difference
Author:
Topic: Financial well-being
Publisher: AFN - Asset Funders Network
Location: United States
Format: Brief
Content Type: Research
Publication Date: November 29, 2017
, , Topic: Financial well-being
Publisher: AFN - Asset Funders Network
Location: United States
Format: Brief
Content Type: Research
Publication Date: November 29, 2017
As the work environment has evolved and jobs look more different, it is important to understand the impact of these changes on income—predictability, variability, and frequency—and how this affects the opportunity for mobility. Because of the complexity of income volatility, there is a unique role for philanthropy.
This brief helps grantmakers understand the enormous challenges income volatility presents in America and provides an array of strategies for philanthropy to leverage both investments and leadership to empower families to protect themselves from volatility’s worst effects.
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