The Aspen Institute Financial Security Program and LendUp, a “socially responsible lender for the emerging middle class,” announced this week that they will sponsor Finance Forward, a multi-city event series where elected officials, businesses, community advocates and nonprofit leaders will discuss solutions to the problem of income volatility in the U.S.
Columbia, SC, will host the first event on June 1, 2017 at the South Carolina Bar Conference Center. There will be an invitation-only roundtable at the University of South Carolina with Mayor Steve Benjamin, Pew Charitable Trusts, Cities for Financial Empowerment Fund, The Urban Institute, The Cooperative Ministry, the Columbia Office of Community Development and the USC Alumni Center.
Oakland, CA will host the last event in the series later this year, after possible events in Louisiana, Missouri, New Mexico and other states.
“Income volatility is now a primary driver of financial instability for American workers,” according to the Aspen Institute Financial Security Program. “Income volatility results in… an inability to make long-term plans, stress and health issues, negative impacts on child development and reliance on unsafe financial products,” the group said in a release.
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