Decades of research points to the material, psychological and social value of wealth. Yet, building financial security is a persistent challenge for lower-income Americans who continue to become less wealthy, not more. In fact, more than 40 percent of people in the United States cannot cover an unexpected $400 emergency expense, according to the Federal Reserve. MetLife Foundation and Commonwealth announced a new project, Making Wealth Common: Extending Financial Opportunity for All, which aims to reverse this trend beginning with over 300,000 financially vulnerable Americans. The four-year initiative, implemented by…
Read MoreMetLife Foundation, Commonwealth Launch Multi-Year Effort to Help Millions of Financially Vulnerable Build Savings & Economic Opportunity
