Subsidized but liquid savings accounts may be less effective at improving financial security because they do not change a household's belief regarding the optimal amount of emergency savings.

Authors

• Person: Not available Organization: JPMorgan Chase Institute
  Building financial security and resilience to unexpected expenses

Sources

• Building financial security and resilience to unexpected expenses www.jpmorganchase.com JPMorgan Chase Institute via serper

Referenced by nodes (1)

• emergency fund concept