Are you constantly worrying about money? Learn how to manage your financial stress.

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SafetyNet Encourages America to Save in 2018

If you have less than $500 in your savings account, you are not alone. According to one Bankrate survey, 63% of respondents do not have $500 in savings to pay for an unexpected expense such as a sudden car repair or medical bill. While having low savings is common among Americans, you may be surprised […]

Young man concerned about student loan debt
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Options for Paying Student Loans Between Jobs

If you make hefty student loan payments each month, you’re not alone. The average monthly student loan payment for borrowers in their 20s is $351—more than $4,200 per year. That’s a lot of fancy computers, tropical vacations, and down payments sacrificed. The good news is that higher education is almost sure to boost your lifetime […]

Life with a SafetyNet and without a SafetyNet
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Life with a SafetyNet (and without)

Check out our infographic featuring two stories of Dave, who unexpectedly got laid off from his job. As you can see, life with a SafetyNet is a lot easier. Do you have a financial safety net in place? PSIC-P1.0-B2-013018

Free Financial Resources & Tools
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SafetyNet Now Connects You to Free Financial Resources

We can’t change the way the world works. Emergencies will always occur. Bad things will always happen to good people. But we can change the way that the world helps everyday, hardworking people get through tough times. Our mission at SafetyNet™ is to improve the financial well-being of millions of hard-working Americans by developing innovative […]

unemployed dads - man stressed at computer
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Tips for Unemployed Dads: How to Lessen the Impact on Your Children

Research reveals some interesting facts about how the children of involuntarily unemployed fathers fare differently than those of involuntarily unemployed mothers. Using data from the 1996 Survey of Income and Program Participation, researchers at the University of Chicago’s Center for Human Potential and Public Policy, found that the children of unemployed fathers faced a higher […]

Roshni Chowdry and daughter: Frugal Shopping Challenge
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The Frugal Closet Challenge: Could You Refrain from Buying Yourself One Piece of Clothing for an Entire Year?

SafetyNet™ Head of Customer Experience Roshni Chowdhry admits to her own materialistic tendencies. Specifically, she says, she is well-acquainted with the short-term thrill of the impulse buy, especially when it comes to clothing. But that was several years and three separate no-shopping challenges ago. Having twice refrained from buying herself any new clothing for an […]

Financial First Aid Kit: Florida Hurricane flooded streets
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Emergency Funds for Natural Disasters: What’s in your Financial First Aid Kit?

You’ve likely read recent headlines estimating that Hurricane Harvey will turn out to be the costliest disaster in U.S. history to date. In fact, it seems every week we are reading new headlines about the devastating costs due to hurricanes, earthquakes, floods and more. And if history is any indication, they will keep coming—after all, […]

gig economy making money between jobs
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Make Money Between Jobs: The Gig Economy Could Save Your Bacon

According to a survey by the Pew Research Center, nearly 25% of Americans now earn at least some money through the “gig economy”—also known as freelance, contract or on-demand work. Others put that number even higher. Made up of independent contractors, online sellers, freelancers, artists and more, one thing is for sure: the number of […]

Woman using layoff as opportunity
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Turning Layoffs into Opportunities: Tips to Take You from Surviving to Thriving

If you are someone who embraces change and new challenges—even when unexpected —finding yourself out of a job may bring you more inspiration than paralysis. After all, what feels like crisis in the moment merely looks like another life change once you do (and you will!) land your next job. For others, however, maintaining good mental […]

UW Professor J. Michael Collins
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Emergency Savings and Financial Well-Being: Q&A with Financial Expert J. Michael Collins

Emergency savings give people peace of mind—or what we like to call “financial well-being,” which is really defined as being subjectively OK with where you are. A big component of that is not worrying about stuff, being resilient to extra expenses, feeling in control. If you don’t feel like you can set [financial] goals and reach them, it makes you feel less financially well. That has negative side effects for people’s physical and mental health.