Saving for Now, Later, and a Lifetime - The Foundational Role of Liquid Savings

Explore the critical role of liquid savings in financial security through this comprehensive webinar recording from the Aspen Institute Financial Security Program. Delve into cutting-edge research on savings functionality, examine the challenges preventing many US families from building savings, and discover actionable strategies for policymakers, employers, and financial institutions to foster a more inclusive savings ecosystem. Gain insights from a diverse panel of experts as they discuss topics such as the benefits of liquid savings, barriers to saving, child allowances, tax credits, account volatility, and innovative approaches like sidecar saving. Learn how measuring outcomes beyond savings can provide a more holistic view of financial well-being and understand the dynamic nature of the saving process.

Introduction
Why Liquid Savings Matter
Sierras Story
Introductions
Benefits of Liquid Savings
Survey Findings
Barriers to Saving
Perception vs Reality
Child Allowance
Child Tax Credit
Liquidity
Differential Impacts
Data Compounding
Measuring Outcomes Not Intent
Measuring Outcomes Beyond Savings
Saving as a Dynamic Process
Wrap Up
Contest Winner
Final Thoughts
Panel Introductions
Account Volatility
Context of Life
Sidecar Saving