Does unsecured debt decrease savings? Evidence from the Refund to Savings Initiative

Does unsecured debt decrease savings? Evidence from the Refund to Savings Initiative

Michal Grinstein-Weiss, Jane Oliphant, Blair D. Russell, and Ray Boshara summarize findings on
household debt and saving from the Refund to Savings
(R2S) Initiative, which provides detailed information on
the financial lives of low- and moderate-income households.

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<blockquote class="wp-embedded-content"><a href="https://www.brookings.edu/research/does-unsecured-debt-decrease-savings-evidence-from-the-refund-to-savings-initiative/">Does unsecured debt decrease savings? Evidence from the Refund to Savings Initiative</a></blockquote>
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