Sections

Services

Information

UK United Kingdom

Savings and assets important to security, not just income

Savings and assets are key to enabling upward mobility across a range of groups and income levels.

A ten-year long study has shown that families across all income levels experience a loss of income at some point.

However, families in low socio-economic groups are more likely to feel the effects of it long-term. This is due to a lack of resources to buffer negative impacts.

Read more at Brandeis University

Join the conversation

Post a Comment sorted by

    There are no comments on this article yet.
    To have your say and join The Conversation please sign in if you have an account already, or sign up.