The Dynamism of Short-Term Savings - Building Financial Resilience for US Households

Explore the critical importance of short-term savings for financial security in this 58-minute digital discussion from The Aspen Institute. Delve into new research findings from the AARP Public Policy Institute and Aspen FSP that highlight how even modest liquid savings can buffer individuals during financial uncertainty. Examine the barriers to building savings and discover how savings programs, products, and policies can support people in building, using, and replenishing this vital resource. Learn about the health and economic impacts of COVID-19 on US households and the increased urgency for scaling solutions to boost financial stability. Gain insights into the benefits of short-term savings for low- and moderate-income households, including improved financial resilience against shocks and increased ability to invest in family well-being and economic mobility. Participate in a comprehensive exploration of topics such as liquidity, challenges faced by low-income individuals, practical applications, and the importance of trust in savings initiatives.

Introduction
Presentation
Introduction Motivation
Liquidity
LowIncome
Out of Sample Test
Results
Main Idea
Conclusions
Questions and Comments
Low Income to Save
Challenges
What does this mean
Practical applications
Sequence
Lack of Trust