Tag: income volatility

A yearlong analysis of 200-plus households suggests that we should add a third leg to the financial security stool along with income and assets: cash flow.

Research shows a connection between the financial instability of families and the economic health of communities.

Unpredictable hours lead to unpredictable cash flow, which is a barrier to budgeting and saving. One response to this, the Opportunity to Work Initiative, would require that San Jose employers give more hours to part-time employees before hiring new staff.

Rather than abandoning homeownership as an asset-building strategy the next administration must pursue alternative strategies: bringing back “good homeownership,” supporting quality affordable rental housing, and developing other ways to help families of modest means invest for themselves and their future.