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Who Said Pigs Can’t Fly? A Learner- Centered Approach to Emergency Savings

In: A Fragile Balance

Author

Listed:
  • Sonya Caesar

Abstract

As suggested by a number of authors in this volume, patterns of low saving, including for shorter-term contingencies, is of growing concern. This chapter introduces the concept of micro-saving for relatively small consumption emergencies. Micro-savings are small in scale—saving in terms of coins rather than bills. Micro-savings can be particularly useful for lowerincome populations, who may struggle to save in larger increments, and can enhance their ability to weather unexpected financial storms. It can also begin to transform attitudes about savings and potentially enhance financial capability.

Suggested Citation

  • Sonya Caesar, 2015. "Who Said Pigs Can’t Fly? A Learner- Centered Approach to Emergency Savings," Palgrave Macmillan Books, in: J. Michael Collins (ed.), A Fragile Balance, chapter 0, pages 201-211, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-137-48237-2_13
    DOI: 10.1057/9781137482372_13
    as

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