Emergency Savings

A Life Jacket in Rough Seas

Melissa Gopnik & Dr. Daryl Collins
Categories: COVID-19Emergency SavingsIncome Volatility

In the latest brief from Commonwealth’s Financial Resilience Project: COVID Stories, Rapid Insights, we share our latest insights on how people are using emergency savings during the COVID crisis, the difficulty of starting a savings habit during the crisis, and the difficulties that households are facing when dealing with unemployment.

Download the brief to learn how emergency savings are keeping people afloat and how policymakers, financial institutions, and employers can support low- and moderate-income households build financial resilience through savings both now and beyond COVID.