Membership Amplification Toolkit
Resources to explore, leverage, connect, and broadcast your Financial Health Network Membership commitment to building better financial lives, together.
2022 FinHealth Spend Report Marks First-Ever Decline in Ten Year History of Tracking Fees and Interest Paid for Everyday Financial Services
Reduction attributed to student loan debt moratorium, pandemic-related decline in credit card debt and government stimulus funds allowing many to avoid high-cost lending; but underserved populations still pay greater proportion of fees and number of factors indicate likely rise in year ahead.
H.M. Queen Máxima of the Netherlands: Building a Financially Inclusive World
Her Majesty Queen Máxima of the Netherlands’ passion for financial inclusion began as a child in Argentina, navigating the impacts of hyperinflation on families and desire to act. In her role as the United Nations Secretary-General's Special Advocate for Inclusive Finance for Development (UNSGSA), she champions access to affordable and safe financial services for communities around the world, especially underserved groups. Through close collaboration with public and private sector partners, her work has driven real progress for financial health. In this episode of EMERGE Everywhere, learn more about Queen Máxima’s experiences, accomplishments, and vision for the future of financial inclusion and financial health.
The Role of Government Interventions in Financial Health: A Conversation with Foundation Communities
Andrew Dunn sat down with Kori Hattemer, Director of Financial Programs at Foundation Communities, a nonprofit organization that provides affordable housing in 23 communities in Austin and North Texas, on how pandemic-related government interventions are affecting recipients’ financial health.
EMERGE Workplace 2022
This event will explore the latest trends, strategies, and solutions for employers seeking to improve the financial health of their teams.
What the Financial Health Network and J.D. Power Know: Data Can Guide the Way for Financial Institutions to Improve Financial Health for Customers
Financial solutions aren’t one-size-fits-all. To solve finhealth challenges, it’s important to have a deeper understanding of customers’ financial health needs.
Brett King: The Future of Everything
Can we predict the future? Brett King believes he can. The self-proclaimed futurist is known for his ability to see the social and economic changes coming and the opportunities they will bring. In this episode of EMERGE Everywhere, Jennifer sits down with Brett to discuss his newest book, “The Rise of Technosocialism: How Inequality, AI and Climate Will Usher in a New World,” and how we can prepare ourselves to meet the most pressing challenges facing businesses and societies today.
Advancing Equity Through Worker Financial Health: A Framework for Employers
The Financial Health Network began conducting research in early 2021 to identify strategies employers can use to embed an equity lens into their benefits programs. HR leaders can use these early learnings to design and deliver programs and benefits that reduce financial health gaps among employees.
Pursuing Racial Economic Equity Through Purposeful Engagement
How can innovative investments and partnerships drive real economic change for communities in need? Fifth Third Bank recently announced the Accelerating Racial Equality, Equity, and Inclusion initiative, a $2.8 billion commitment to uplift historically marginalized people and communities. Today, in collaboration with Enterprise Community Partners, the bank is investing $180 million of that commitment in nine communities across its geographic footprint through the Neighborhood Investment Program. Hear from a panel of the project’s leaders about strategies to purposefully engage neighborhoods and local businesses, and find out what’s next for this initiative.
The Role of Community Networks for Emergency Savings Success
Join us at this ESI-sponsored Short-Term Savings Small Group meeting to learn more about the direct and indirect role that these support networks can play in emergency savings.
Consumers Balance Saving, Spending, and Earning in Uncertain Recovery: A Conversation With SaverLife
Helen Robb interviewed Tim Lucas of SaverLife about how consumers are balancing spending, savings, and earnings in the wake of the final stimulus payment.
FinHealth Goes Global
The handful of promising financial health efforts outside the U.S. have been isolated, lacking a centralized forum, practices, and priorities – until now.
Member Snapshot 2021: Assessing the Financial Health Maturity of Financial Institutions
Many financial services organizations in the United States are taking action to improve their customers’ and employees’ financial health. Through the Financial Health Maturity Assessment Program, this report assesses the survey responses of 43 Financial Health Network Members to identify key opportunities for financial institutions to advance their financial health strategies. Learn about the actions these Members are taking within each pillar and phase of the FinHealth MAP, and gain insights into the areas they still need to prioritize.
Solutions
Learn what works with insights from industry experts on the types of financial health support consumers want and need from their financial institutions.
Infrastructure
In this session, learn what to consider when deploying resources at your organization, with insights from companies with unique approaches to building financial health infrastructure.
Vision
Join us to hear how financial industry leaders have secured stakeholder buy-in to build financial health strategies, ensured employees understand and can rally behind a shared finhealth vision, and integrated financial health as part of their organizational culture.
BlackRock’s Emergency Savings Initiative: An Ecosystem Approach to Partnerships
BlackRock’s commitment to financial well-being has sparked a series of cross-sector partnerships focused on making emergency savings more accessible for low-to-moderate income households. Join Claire Chamberlain, Managing Director of Social Impact at BlackRock, for a deep dive on BlackRock’s flagship philanthropic program and a closer look at their partner-centric approach to proving what is possible and advocating for what it’ll take to shift the entire system.
JPMorgan Chase’s $30 Billion Racial Equity Initiative
JPMorgan Chase & Co. has committed a groundbreaking $30 billion to providing economic opportunities for underserved communities, especially Black and Latinx communities, over the next five years. This spotlight provides context for how JPMorgan Chase & Co. approaches impact at the local level, how it has integrated financial health, as a key pillar to this work, and how it is holding itself accountable to help reduce the racial wealth gap.
The Ends of The Month: A Blog Series
Over the course of a generation, electronic payments including credit cards, debit cards and Apple Pay removed friction from our wallets, but disrupted old habits and practices many once used to manage finances. Loss of these analog tools, as much as wage stagnation or volatility, helps explain why so many households struggle at the end of the month
Consumer Data Sharing
Explore our research, best practices, and efforts to develop policy and industry-led solutions for consumer data sharing.
YouthCan Innovation Program
With challenges like rising education and housing costs, an increasingly insecure job market, and greater debt, young adults are facing significant barriers to economic mobility and financial security.
A Call for Collective Action Jennifer Tescher
Collectively, we have been preparing for a moment like this – conducting research to understand the real financial lives of the people we do business with, measuring financial health in America, and designing new products, policies and experiences to help improve it.
Statement on Racial Discrimination and Recent Protests
We unequivocally condemn any and all forms of racism and discrimination, and we recognize the pain and trauma being inflicted on our black colleagues and communities.
Events
EMERGE Live 2020
In the wake of the coronavirus pandemic, we reimagined our annual in-person EMERGE Forum conference as EMERGE Live – our first-ever live digital experience.
Favorites
In Their Words: What Older Adults Struggling Financially Need
Despite the recent stimulus, increased vaccinations, and gathering momentum of reopenings across the country, millions are still struggling with their financial health. Ongoing economic uncertainty, job loss, and physical health concerns have caused many to shift financial priorities just to stay afloat. In the Financial Health Network’s latest…
New Financial Health Pulse Data Shows Millions of Americans Still Financially Struggling Amid Ongoing Pandemic
Food insecurity and fear of eviction pervasive among those hardest hit financially by pandemic with many borrowing money or cutting back on healthcare visits and medication
One Year into the Pandemic, Millions of Americans Still Struggling
Since the last Pulse survey in August 2020, more people are struggling to afford healthcare, which may lead to long-term health consequences beyond those created directly by COVID-19.
Non-Prime Tracker Report
Provided by Elevate Credit, this research discusses the trend of decreased household income for prime and non-prime folks alike since the pandemic began. With this trend continuing, this decrease is likely to manifest itself within holiday spending.
2020 U.S. Household Bill Pay Market Size & Category Breakout
Provided by doxo, this research reveals that Americans spend $2.75 trillion annually – over one fifth (21%) of all U.S. consumer spending – across 11 primary bill payment categories.
$600 Stimulus Check Impact Report
Provided by doxo, this research examines consumers' reactions toward the $600 stimulus checks they received from the U.S. federal government in 2020.
The U.S. Financial Health Pulse: A Roadmap for Recovery
As vaccines roll out across the country, the Biden administration is considering bold policies to help struggling households, businesses, and communities recover from the health and economic impacts of the COVID-19 pandemic. For these efforts to be successful, the new administration – along with businesses, employers, and other stakeholders –…
FinHealth MAP: Building a Business Strategy for Financial Health Impact
Achieving financial health impact doesn’t need to be a journey into the unknown. Learn how the Financial Health Network's FinHealth MAP can help guide your organization.
Fintech Innovation Leader Joins the Financial Health Network
Hannah brings a passion for financial health and knowledge of startups, nonprofits, financial services, and the fintech ecosystem at large. She will be responsible for the strategic direction of our Innovation practice, including the Financial Solutions Lab.
Financial Health Impact Lab: Innovation Highlights
Developing and testing innovative solutions is key to advancing financial health. That’s the driving force behind the Financial Health Impact Lab – a program that supports the groundbreaking work of organizations at the forefront of financial health measurement, like those profiled here.
Financial Health Solutions: Increasing Savings with a Choice at Onboarding
How can employers encourage workers to build their savings? Even, an employer-based earned-wage access platform, partnered with the Financial Health Leaders Lab to test the impact of presenting savings as an active choice during onboarding to its app.
Financial Health Solutions: Boost Savings with Challenges and Empowering Messages
How can competitions influence more people to build their savings? SaverLife, a nonprofit focused on helping working families to save and invest in their futures, partnered with the Financial Health Leaders Lab to test several approaches.
70% of Voters Say Recent Changes to Their Own Financial Health are Impacting How They Vote
Provided by doxo, this research shows how the personal financial effects of the COVID-19 pandemic are affecting how Americans plan to vote in the 2020 election.
Knowing Better, Doing Better: HR Executives’ Perspectives on Employee Financial Health
Learn insights gathered through a recent survey of HR decision-makers on their awareness of and investments in employee financial health.