According to the Federal Reserve’s 2018 Survey of Household Economics and Decision Making, ~40% of Americans would struggle to come up with $400 to pay for an unexpected bill.
For women living on the economic margins, unexpected expenses can be devastating to their budget – and can lead to a debt spiral that inhibit them from reaching financial stability. Our direct relief partners play a critical role in providing immediate financial assistance in emergency situations, bridging a financial gap and preventing longer-term financial hardship, loss of employment or loss of housing.
Example expenses our partners have provided relief for: Car repairs, medical emergencies, rent payments, etc.