Prosperity Now: Responding to Client’s “Now, Soon & Later” Needs (Webinar)

Prosperity Now is hosting a webinar on Responding to Client’s “Now, Soon & Later” Needs on Tuesday, from 2:00 PM to 3:30 PM.

The COVID-19 pandemic has upended the American economy, and in doing so, has underscored the critical role that savings plays in ensuring financial stability and security. Before the pandemic, over 45 million households were liquid asset poor and lacked the financial security to weather a sustained crisis; further, households including low- and hourly-wage earners, racial and ethnic minorities, immigrants and women were more likely to have less in savings and therefore more vulnerable. During the pandemic, savings has increased on average – in part due to Economic Impact Payments from the CARES Act and expanded unemployment insurance; but for too many, these supports were inaccessible or simply not enough to maintain financial stability during the crisis. The result in 2021 is a complicated picture, where LMI household savings needs vary considerably based on many factors, including their occupations and their vulnerability prior to the crisis.

Click here to learn more and register.