Roadmap to Financial Resilience

Too many of us are unprepared for an economic downturn or even a modest financial emergency. According to a 2023 survey by the Consumer Finance Protection Bureau, 40 percent of American households reported they would be unable to cover more than a month’s expenses if they lost their main source of income.

This critical issue is why the Institute for Emerging Issues (IEI) at NC State University has released the Roadmap to Financial Resilience, a framework of strategies and tactics to boost the financial resilience of households in North Carolina. The Roadmap is put forth by IEI’s Advisory Council on Financial Resilience, a group of experts in banking, community engagement, and economic education.

View the entire release here.