A Fragile Balance: Emergency Savings and Liquid Resources for Low-Income Consumers, edited by Center for Financial Security Faculty Director J. Michael Collins, is available March 12, 2015 from Palgrave Macmillan. The book highlights the importance of emergency savings to households’ financial well-being and presents 10 innovations designed to promote emergency savings among lower-income households. A … Continue reading A Fragile Balance
Publications
Impact of Finances 50+ Training Classes on Individuals’ Financial Behaviors
AARP Foundation, in collaboration with the Charles and Helen Schwab Foundation, designed and disseminated a financial capability curriculum targeted to the 50+ age group. Approximately 2,775 people participated in these classes in 2012 and 2013. The purpose of the report is to evaluate the impact of the financial training by comparing behaviors relating to key … Continue reading Impact of Finances 50+ Training Classes on Individuals’ Financial Behaviors
Financial Counseling and Financial Access Among Job Training Participants
J. Michael Collins, Nathalie Gons, & Kasey Wiedrich prepared this brief on financial counseling and financial access among job training participants. The results of the study show that integrating access to financial products and services is feasible at scale. The high take-up rate of bank accounts suggests that unbanked participants had a strong desire to … Continue reading Financial Counseling and Financial Access Among Job Training Participants
University of Wisconsin-Madison Center for Financial Security 