An Expert Panel Discussion on Economic Insecurity

The Financial Diaries: How American Families Cope in a World of Uncertainty.

Think you’re the only one whose paycheck doesn’t always cover your expenses? You’re not alone.

Join Community Advocates Public Policy Institute as we welcome author Rachel Schneider on Wednesday, November 15, for an expert panel discussion on economic insecurity inspired by her recent book with Jonathan Morduch, The Financial Diaries: How American Families Cope in a World of Uncertainty.

Joining Schneider on the panel will be Community Advocates COO Maudwella Kirkendoll and Earned Income Tax Credit expert Steve Holt. The Public Policy Institute’s Julie Kerksick will moderate.

Released this spring, Schneider and Morduch’s The Financial Diaries provides a one-of-a-kind look at how volatile a household’s cash flow can be, even when its members are employed. That’s because many workers, often overlooked in media reports and economic research, have their hours cut when work is slow, work on commission or tips, or have seasonal ebbs and flows in their incomes that often don’t match their expenses.

Schneider and Morduch delved into this phenomenon in The Financial Diaries, based on their original research tracking 235 low- and moderate-income households over the course of a year. They collected highly detailed and personal data on how families manage their finances on a day-to-day basis. The result is “a must-read for anyone interested in the causes of—and potential solutions to—American poverty,” according to Publisher’s Weekly, which selected The Financial Diaries as one of their Books of the Week.

Community Advocates Public Policy Institute will provide a light refreshments at 11:30 a.m. before our expert panel discussion begins at noon. The panel will be held at Community Advocates Public Policy Institute, Second Floor Community Room, 728 N. James Lovell Street, Milwaukee.

The event is free and open to the public but space is limited. Please RSVP at http://events.r20.constantcontact.com/register/event?oeidk=a07eer76n3ac2932a0c&llr=hrl9jxcab.

Community Advocates established the Public Policy Institute in 2008 to work toward preventing and reducing poverty while improving the quality of life for individuals and families in Milwaukee and throughout Wisconsin. The Public Policy Institute targets poverty by changing relevant public policies and laws; preventing its effects through public health efforts; and working to increase opportunity and wellness for low-income people by fostering factors related to success, resilience, and well-being. 

NOTE: This press release was submitted to Urban Milwaukee and was not written by an Urban Milwaukee writer. It has not been verified for its accuracy or completeness.

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