[FREE] A Fragile Balance: Emergency Savings and Liquid Resources for Low-Income Consumers






#3259402 in eBooks 2015-03-11 2015-03-11File Name: B00VILJ1S2

3 of 3 people found the following review helpful. A Path-Breaking Contribution to the Study of Economic SecurityBy Tim SmeedingA Fragile Balance is an amazingly important and path-breaking contribution to the study of economic insecurity. The lives of the poor and even some middle class households are dominated by the need to make ends meet when outflows (bills, necessary consumption) exceed resources (income, savings, borrowing limits). Indeed the payday loans industry is built around providinldquo;A Fragile Balance is a must-read for individuals working with low-income consumers. hellip; this book provided a nice summary of the research to date on saving initiatives for low to moderate income households. hellip; The book is especially beneficial to community organizations wanting to hA Fragile Balance examines strategies to promote emergency savings, especially among underserved households. Each chapter is by an expert contributor and proposes an innovative financial product or service designed to bolster emergency savings among low-asset families. This collection also offers readers insights into the role of emergency savings and mechanisms to facilitate savings behaviors, and raises critical questions of the scale, institutional capacity, sustainability, accessibility, an...


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