Is $400 Enough? How Households Respond to Financial Shocks

Explore new data and innovative approaches to understanding how households respond to real financial emergencies in this 1-hour 2-minute webinar from The Aspen Institute. Delve into the complexities of financial shocks, including their types, amounts, frequency, and destabilizing effects. Learn why the common $400 emergency expense benchmark may not be sufficient as a measure. Gain insights from expert speakers representing institutions such as the Aspen Institute Financial Security Program, Consumer Financial Protection Bureau, Young Invincibles, Federal Reserve Board, and JPMorgan Chase Institute. Discover how this knowledge can inform the development of more inclusive financial systems and solutions to enhance overall financial well-being.