Pew’s financial security and mobility project studies the financial well-being of American families and how their balance sheets relate to both short-term financial stability and longer-term economic mobility. The initiative builds on Pew research that shows savings and assets are key to moving up the economic ladder, both within a lifetime and across generations. The project strives to foster policy debate and action on how best to improve opportunity to ensure that the American Dream is within reach of everyone.
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“Millions of people are struggling in this country to make ends meet,” Leigh Phillips, CEO of the microsavings nonprofit EARN, said at an April 13 panel discussion hosted at The Pew Charitable Trusts in Washington on factors that keep Americans from saving and policies, products, and programs that can help break down those barriers. Read More
On April 15, lawmakers from North Dakota and Pennsylvania, along with the National Foundation for Women Legislators, held a conference call about women’s economic mobility. Experts from The Pew Charitable Trusts’ financial security and mobility project presented findings from our 2015 analysis “Women’s Work: The Economic Mobility of Women Across a Generation,” which... Read More
Americans overwhelmingly prioritize financial stability over economic mobility. However, recent Pew research suggests that such security is elusive: Even the most well-off households find their finances strained when they experience a financial shock—expenses or lost income they do not anticipate, such as a major car or home repair or a loss of income. Read More