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Financial Resiliency.pdf

financialreport-1-24-17.pdf

🔗 Source: impact.jpmorganchase.com

📊 Size: 3.65 MB

👤 Author: JP Morgan Chase & Co.

⬇️ Downloads: 183

Summary

Savings is critical to promoting household, community, and economic resiliency, and access to flexible savings helps individuals weather emergencies and meet long-term goals. JPMorgan Chase & Co. is committed to improving financial health, and since 2014, has committed over $100 million to 300 organizations that have helped 2.4 million people across 11 countries. The ability to plan and save for financial shocks is a key predictor of financial health, and savings are an indicator of economic mobility. However, many families struggle to save, with roughly 2.2 billion people lacking formal savings worldwide. JPMorgan Chase & Co. is working to increase savings opportunities through understanding consumer financial needs, investing in solutions, and sharing lessons learned. Key findings include the effectiveness of behaviorally informed features, financial coaching, and integrating savings programs into existing platforms.

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Description

Savings is critical to promoting household, community, and economic resiliency, and access to flexible savings helps individuals weather emergencies and meet...

Technical Information

File Format: PDF
File Size: 3.65 MB
Pages: 25
Language: EN
Author: JP Morgan Chase & Co.
Total Downloads: 183
Last Updated: 1 day ago

Document Overview

This PDF document about Financial Resiliency provides comprehensive information and guidance. Whether you're a beginner or advanced user, this resource offers valuable insights into Financial Resiliency.