54% of Americans Worry About Expenses Tied to Coronavirus—Here’s How to Cut Medical Costs If You Get Sick
Over half, 54%, of Americans say they’re not financially prepared to handle a contagious disease like coronavirus that may limit their ability to work for a few weeks, according to a recent survey conducted on behalf of Prudential of just over 2,000 U.S. adults. Read the Article >>
Half in U.S. Plan to Spend Relief Money on Bills, Essentials
With the first direct payments to U.S. adults from the Coronavirus Aid, Relief, and Economic Security (CARES) Act set to hit bank accounts this week, 35% of U.S. adults intend to use the money primarily to pay bills. Another 16% say they will purchase essential items like food or gas with the money. Twenty-nine percent […]
When are stimulus checks coming? Money set to roll out to Americans next week
“Once again, the greatest burdens will be shouldered by the most vulnerable among us, when instead we should be doing everything to give them a leg up,” Jennifer Tescher, president and CEO of Financial Health Network, a non-profit authority on consumer financial health, said in a note. Read the Article >>
Even with the recent strong economy, many Americans are struggling—ex-Fed chair Janet Yellen explains why
Less than a third of Americans consider themselves to be financially healthy. In fact, more than half report struggling with some aspect of their financial lives, according to a comprehensive survey released in November by the Financial Health Network. Read the Article >>
Despite a strong economy, just 29% of Americans are financially ‘healthy,’ according to a new report
The economy may be booming, but a large percentage of Americans report feeling insecure in their own financial lives, according to a new report from the Financial Health Network. The U.S. Financial Health Pulse 2019 Trends Report asked Americans about four buckets of financial health — saving, spending, borrowing and planning — and compared responses from […]
70% of Americans say they are struggling financially
Many Americans remain in precarious financial shape even as the economy continues to grow, with 7 of 10 saying they struggling with at least one aspect of financial stability, such as paying bills or saving money. Read the Article >>
New Book with Chapter from Jennifer Tescher and Rachel Schneider Released
The Financial Health Network’s own Jennifer Tescher and Rachel Schneider have contributed a chapter to the newly released book, What It’s Worth: Strengthening the Financial Futures of Families, Communities and the Nations. Americans everywhere struggle to build strong financial futures for themselves and their families. The book provides a 360-degree view of the financial challenges […]
Press Release: Financial Solutions Lab Announces $3 Million Competition to Tackle Consumer Financial Security
Center for Financial Services Innovation and JPMorgan Chase call on innovators to submit high-tech solutions to address consumers’ cash flow challenges CHICAGO, February 24, 2015 — The Financial Solutions Lab at the Center for Financial Services Innovation (CFSI) with founding partner JPMorgan Chase & Co. today announced a $3 million competition for technology innovators working […]