Finance Forward: St. Louis, Missouri
On October 17, 2017, the Aspen Financial Security Program hosted a Finance Forward event with St. Louis Treasurer Tishaura Jones and a distinguished panel of experts from multiple sectors who shared their understanding of income volatility and discussed practical, innovative, private, and public solutions in St. Louis and beyond.
FinanceForward is a new multi-city event series produced as part of Aspen EPIC that, for the first time, will bring together U.S mayors, businesses, community advocates, and nonprofit leaders to identify and advance innovative, actionable solutions to income volatility. A growing body of research shows that month-to-month income fluctuates wildly for low-and moderate-wage workers. This unpredictable income significantly impacts the financial lives of these individuals – making it hard for them to meet monthly expenses, save, pay down debt, qualify for a loan, or handle a major unexpected expense.
The financial insecurity that results from income volatility can take a devastating toll on familiesand their communities, with painful impacts that span everything from credit and health care access to education, housing, and public utilities.
The series aims to start a national dialogue that will shine a light on income volatility across a geographically and industrially diverse range of U.S. cities, with a goal of identifying innovative, practical solutions that can inspire action in communities across the country.
See below for a list of speakers and panelists, as well as photos from the event.
Speakers:
- Tishaura O. Jones, Treasurer, City of St. Louis, @Tishaura
- Clint Key, Research Officer, Pew Charitable Trusts, @clintkey
- Stephen Roll, Research Assistant Professor, Washington University in St. Louis, @BrownSchool
- Joanna Smith-Ramani, Program Director, Aspen Institute Expanding Prosperity Impact Collaborative (EPIC), @Aspen_FSP
Panelists:
- Pier Yvette Alsup, Chief Community Engagement and Social Responsibility Officer, Anheuser-Busch Employee’s Credit Union, @AnheuserBusch
- Jotaka L. Eaddy, Vice President of Policy, Strategic Engagement & Impact, LendUp, @JotakaEaddy
- Galen Gondolfi, Chief Communications Officer, Justine PETERSE, @justinepetersen
- Ida Rademacher, Executive Director, Aspen Institute Financial Security Program (FSP), @IdaRademacher
Guests tweeted snippets of the conversation from our Finance Forward event in St. Louis using #FinanceForward. Check out some of the tweets below.
Kicking off #FinanceForward tonight in St Louis w/ a greeting from Congressman Lacy Clay @LendUpCredit @stltreasurer https://t.co/m54pUfjcH8 pic.twitter.com/gLcrHOycR9
— Aspen FSP (@Aspen_FSP) October 17, 2017
“Unless we address income volatility, far too many in our community will never reach their full potential.” –@tishaura #FinanceForward pic.twitter.com/Bp08e0KurQ
— LendUp (@LendUpCredit) October 17, 2017
@clintkey of @pewtrusts reminds us that an overwhelming number of households today are one bad day away from financial ruin #FinanceForward
— Aspen FSP (@Aspen_FSP) October 17, 2017
“Saving pulls people out of poverty.” -Stephen Roll of @WUSTL #FinanceForward pic.twitter.com/XujfZxqEZy
— LendUp (@LendUpCredit) October 18, 2017
@idarademacher kickstarts our stellar panel on income volatility in St. Louis & best practices for solving the problem #FinanceForward pic.twitter.com/nAYmGnjinw
— Aspen FSP (@Aspen_FSP) October 18, 2017
Panel building solutions to income volatility @Aspen_FSP #financeforward Crucial, pressing problem. Bringing insights from diff sectors pic.twitter.com/ZX7kHWhz7i
— Clint Key (@clintkey) October 18, 2017
My favorite words & phrases from this #FinanceForward event: financial justice; pathways to savings; solutions; & elevate the conversation
— Sheida Elmi (@sheidaelmi) October 18, 2017
Tishaura “l hope the employers come up with innovative solutions in the face of #moleg rolling back StL minimum wage” #FinanceForward
— Zach Goldford (@PanFordz) October 18, 2017
What’s an event without a photo booth? #FinanceForward pic.twitter.com/dZfH8ojA3e
— Tishaura O. Jones (@tishaura) October 18, 2017
We were pleased to attend #FinanceForward, examining income volatility issues & solutions in St. Louis with @stltreasurer @tishaura pic.twitter.com/vAVYLeCY58
— St Louis Community (@StLouisComm) October 18, 2017