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Welcome to the 2017 AFS Annual Meeing, being held this year, in conjunction with FPA in Nashville!
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Monday, October 2 • 4:30pm - 5:30pm
J1a Factors Associated with Fragile Families’ Emergency Fund

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Having an adequate emergency fund determines a household’s ability to overcome financial trouble and thus overall financial wellness. Fragile families, which refer to unmarried parents and their children, are ill-prepared in emergency savings compared to an average family. This paper determines the factors associated with having emergency funds for fragile families and concludes that having debt significantly reduces a family’s likelihood of maintaining an emergency fund and undermines the influence of income on emergency savings. The odds of having emergency fund are significantly higher in a higher income group than in a lower income group.

Author(s): Abed G Rabbani, Zheying Yao

avatar for Abed G. Rabbani

Abed G. Rabbani

Assistant Professor, University of Missouri

Monday October 2, 2017 4:30pm - 5:30pm