IDEAS home Printed from https://ideas.repec.org/a/fip/fedfar/00006.html
   My bibliography  Save this article

The fragility of finances. SF Fed Community Development's David Erickson and Laura Choi sit down with President John Williams to discuss the fragility of American household finances and how to get more families on the road to economic opportunity

Author

Listed:

Abstract

Most American households do not have enough savings to pay an unexpected $400 expense, according to a recent Federal Reserve survey. It?s one of the findings we discuss in the new book What It's Worth and one of three distinct stories told by our Community Development team in the 2015 annual report, What We've Learned...and why it matters. Financial insecurity and income volatility affect every facet of life including health, housing, employment, and education. Helping more families get on the road to economic opportunity requires holistic solutions.

Suggested Citation

  • Laura Choi & David J. Erickson & John C. Williams, 2015. "The fragility of finances. SF Fed Community Development's David Erickson and Laura Choi sit down with President John Williams to discuss the fragility of American household finances and how to get mor," Annual Report, Federal Reserve Bank of San Francisco, pages 04-04.
    • Handle: RePEc:fip:fedfar:00006
    as

    Download full text from publisher

    File URL: http://www.frbsf.org/our-district/about/annual-report/annual-report-2015/fragility-of-finances/?utm_source=frbsf-annual-report-2015-landing&utm_medium=frbsf&utm_campaign=annual-report-2015
    File Function: Full text
    Download Restriction: no
    ---><---

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:fip:fedfar:00006. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Federal Reserve Bank of San Francisco Research Library (email available below). General contact details of provider: https://edirc.repec.org/data/frbsfus.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.