Stephanie Hughes

I'd love to say I thought of this idea, but I'm not that creative.

In fact, large companies across the U.S.

In fact, large companies across the U.S.

often have a fund like this in place set up to enable them to help employees when they have a crisis.

often have a fund like this in place set up to enable them to help employees when they have a crisis.

The reason I founded Canary was I wanted to make that practice much more available to a wider range of companies.

The reason I founded Canary was I wanted to make that practice much more available to a wider range of companies.

Yeah, exactly.

Yeah, exactly.

And what that book was about to a great extent.

And what that book was about to a great extent.

So what we did is I worked with a professor at NYU named Jonathan Mordock, and we set up a research team all across the country that gathered really detailed information from working families over the course of a full year.

So what we did is I worked with a professor at NYU named Jonathan Mordock, and we set up a research team all across the country that gathered really detailed information from working families over the course of a full year.

And it was that full year of information that made the study so unusual because we got to see the ups and downs that people experience from week to week.

And it was that full year of information that made the study so unusual because we got to see the ups and downs that people experience from week to week.

And so when you think about the financial advice that's out in the world, it assumes a basic level of stability.

And so when you think about the financial advice that's out in the world, it assumes a basic level of stability.

You get told to budget by taking your monthly income

You get told to budget by taking your monthly income

and then subtracting the monthly fixed expenses that you will always have, right?