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"There Isn't a Piggy Bank. This Is It." – Next City - Vimarsana News

"There Isn't a Piggy Bank. This Is It." – Next City

COVID is the latest test of the Westside’s resilience, impacting access to jobs and childcare. Some families are choosing between food, utilities, rent and medicines to make ends meet and are on the financial precipice. There is no fallback plan or safety net. What is resilience in the face of extreme financial hardship? Pre-COVID, 40% of Americans did not have $400 in their bank accounts to cover emergency expenses. In the ongoing destruction of the twin pandemics of COVID and structural racism, the lack of a savings safety net during times of stress and disaster are particularly acute fo...