Income volatility and financial insecurity can take a devastating toll on our families and communities. We joined Mayor Steve Benjamin and a distinguished panel to discuss practical, innovative, private and public solutions to income volatility in Columbia and beyond.
This event brought together a panel of experts from multiple sectors to publicly share their understanding of income volatility and to discuss the most possible, practical, and promising solutions.
Panelists & Speakers:
- Mayor Steve Benjamin, Columbia, South Carolina
- Amelia Erwitt, Managing Director, CFE Fund
- Clint Key, Research Officer, Pew Charitable Trusts
- Sasha Orloff, CEO & Founder, LendUp
- Wanda Pearson, Chief Programming Officer, The Cooperative Ministry
- Ida Rademacher, Executive Director, The Aspen Institute Financial Security Program
- Joanna Smith-Ramani, Program Director, EPIC
Super excited to kick off our #FinanceForward series on income volatility tonight, w/ @SteveBenjaminSC, @sashaorloff, @Aspen_FSP & many more pic.twitter.com/l3E0cOG4ZE
— LendUp (@LendUpCredit) June 1, 2017
Many thanks to our #JROTC #LRHS volunteers for helping with today’s #FinanceForward event! pic.twitter.com/kC18Cg8PNk
— Aspen FSP (@Aspen_FSP) June 1, 2017
Delighted to welcome everyone to #FinanceForward in partnership with @LendUpCredit & @AspenInstitute for our income volatility discussion pic.twitter.com/mSRjRaCMzN
— Steve Benjamin (@SteveBenjaminSC) June 1, 2017
Families are suffering and we have an obligation to do something says @Aspen_FSP‘S Joanna Smith-Ramani #FinanceForward pic.twitter.com/kA93fvRey9
— Aspen FSP (@Aspen_FSP) June 1, 2017
I think #IncomeVolatility is the most important financial challenge facing American families today says @clintkey #FinanceForward pic.twitter.com/BvEuouPUkv
— Aspen FSP (@Aspen_FSP) June 1, 2017
Hearing #IncomeVolatility true stories from the audience. Job instability, family changes, & want to provide for their kids #FinanceForward pic.twitter.com/SvssMFRQeV
— Aspen FSP (@Aspen_FSP) June 1, 2017
“Unstable families lead to unstable communities.” @TheCoopMin #financeforward
— Lee Patterson (@leelpatt) June 1, 2017
#FinanceForward: “We started LendUp to build better financial products, to serve the changing needs of people across the U.S.” –@sashaorloff pic.twitter.com/kvzLqxCByH
— LendUp (@LendUpCredit) June 1, 2017
Income volatility isn’t a red or blue issue, a black or white issue.. we all have skin in the game. – Mayor @SteveBenjaminSC #FinanceForward
— K. Hansen (@kiesehansen) June 1, 2017
It was a full house in @CityofColumbia for our #FinanceForward event. Thank you to everyone who came! Learn more at https://t.co/GKmqKmEH4a pic.twitter.com/xIKogfDAjJ
— Aspen FSP (@Aspen_FSP) June 1, 2017
is a new multi-city event series produced as part of Aspen EPIC that, for the first time, will bring together U.S mayors, businesses, community advocates, and nonprofit leaders to identify and advance innovative, actionable solutions to income volatility. A growing body of research shows that month-to-month income fluctuates wildly for low-and moderate-wage workers. This unpredictable income significantly impacts the financial lives of these individuals – making it hard for them to meet monthly expenses, save, pay down debt, qualify for a loan, or handle a major unexpected expense.
The financial insecurity that results from income volatility can take a devastating toll on families and their communities, with painful impacts that span everything from credit and health care access to education, housing and public utilities.
As one working parent put it, being able to make ends meet “just depends on my schedule. Sometimes I won’t get 35 [hours]. I’ll get 32. It’s a big difference! That’s $50 for food.”
The series aims to start a national dialogue that will shine a light on income volatility across a geographically and industrially diverse range of U.S. cities, with a goal of identifying innovative, practical solutions that can inspire action in communities across the country.
Our first stop is Columbia, South Carolina where Mayor Steve Benjamin will kick off the series.
The event will bring together a panel of experts from multiple sectors to publicly share their understanding of income volatility and to discuss the most possible, practical, and promising solutions. Featured speakers will include experts from:
- Aspen Institute Financial Security Program
- Pew Charitable Trusts
- Urban Institute
- Cities for Financial Empowerment Fund
- The Cooperative Ministry
- LendUp
Register now to attend and check back soon for more details around speakers and special guests.
