The Power of Emergency Savings

Over half (58%) of households making under $60,000 struggle to come up with $400 for an unexpected expense. Commonwealth’s work as a leading partner in BlackRock’s Emergency Savings Initiative aims to enable millions of people living on low to moderate incomes to be more financially secure. In this new video, real people share their stories about building emergency savings, and the emergencies that they’ve addressed with their savings cushion.

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