Thank you for Registering for Protecting Patients from Medical Debt: Strategies for Hospitals & Health Systems
Thank you for registering for Protecting Patients from Medical Debt: Strategies for Hospitals & Health Systems.
FinHealth Spend Research 2021
The FinHealth Spend Research estimates what U.S. households pay in interest and fees for common financial services every year. The majority of U.S. households were struggling financially before COVID-19, and the pandemic added pressures that affected access to everyday financial products. This report analyzes how the hundreds of billions Americans spent on interest and fees in 2020 varied by race, income, and other demographic factors, with specific insights into the increased burdens borne by financially struggling consumers.
If You Build It, Will They Come? Lessons To Increase Product Uptake
The Financial Health Network teams up with Elevate and Finicity to ensure that the right audience finds and engages with a financial health product.
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.
Events
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.
How Measurement Can Put Teeth Behind Stakeholder Capitalism
The new commitment to Stakeholder Capitalism Metrics by the World Economic Forum is the first step on a journey to improving the lives of all stakeholders - including customers, employees, and communities.
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.
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.
The 4 Phases of the COVID-19 Economy – What Comes Next?
With the arrival of a new administration in D.C. in a few weeks, it’s time to refocus on what Americans need now to support their financial health. Our recently released 2020 Trends Report found that many Americans were able to cope during the pandemic largely because of…
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.
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.
Why Undocumented Workers Deserve to Be Included in the Social Safety Net
Lack of access to the social safety net has consistently hindered pathways to financial health for undocumented immigrants. Expanding eligibility for benefits to undocumented immigrants, during the pandemic and beyond, would increase financial stability for their families and most likely bolster the economy as a whole.
Educating the Next Generation: Using KPIs to Assess the Impact of Student Financial Education Programs
The Financial Health Network partnered with Michigan State University Credit Union (MSUFCU) to analyze its financial education programming for high school and college students, revealing some signs of positive impact on business outcomes and the students’ financial health.
Fintech for All: Closing the Generation Gap in a COVID-19 World
For older generations, who face the greatest health risks from COVID-19, the need to shift their financial management systems online is critical, but several key barriers deter older adults from adopting fintech products and services.
How Coronavirus Highlights the Insurance Gap for Gig Workers
Gig workers comprise a growing portion of the American workforce, with 1 in 10 U.S. workers relying on gig work as their primary source of income. Without adequate health insurance, many gig workers are unprepared to deal with the financial shock of a major injury or illness.
U.S. Financial Health Pulse 2019 Trends Report
How is the financial health of Americans changing over time? In a year-over-year analysis, the second annual U.S. Financial Health Pulse report reveals that the majority of Americans are still unprepared for financial shocks.
Case Study: Developing a Survey to Track Financial Health for Global Customers
Financial Health Network Consulting Services worked with Discover to explore options for creating a comprehensive employee financial health platform.
Webinar: Solving the Cash Crunch: Helping Small Businesses Access Check Funds Faster
Watch a presentation and discussion about the challenges that checks place on small business cash flow as small organizations wait for personal and business checks to clear.
Life Insurance Insurance Spotlight
This brief takes a closer look at the life insurance coverage, acquisition channels, and knowledge of American consumers, with a particular focus on LMI consumers.
A New Vision for Serving America’s Small Businesses
This paper examines the connections, similarities, and differences between consumer financial health and the financial health of small businesses.
Working Paper: Income Gains And Month-To-Month Income Volatility
A working paper from the U.S. Financial Diaries on income gains and month-to-month income volatility.
The Financially Tenuous, a Consumer Financial Health Segment
More than half of Americans in the tenuous segment live paycheck to paycheck (53%) and struggle to keep up with bills and credit payments.
U.S. Financial Diaries: Savings Horizons
U.S. Financial Diaries: Savings plays a central role in conversations about American household finance. Surveys suggest that few American households save enough for retirement, nor are Americans adequately prepared for emergencies
Consumers and Credit Scores: Understanding Consumer Confusion to Target Solutions
This research takes a look at an important component of consumer financial health: the credit score. The Financial Health Network appended two objective measures of credit-worthiness to the Consumer Financial Health Study.
Big Data, Big Potential: Harnessing Data Technology for the Underserved Market
This paper examines four key trends and explores how real-life companies are leveraging Big Data in financial services.
The U.S. Financial Diaries Methodology: The financial lives of low-income Americans
The U.S. Financial Diaries (USFD) is a research study collecting detailed financial data from more than 200 low- and moderate-income households over the course of a year.
Infographic: Financial Lives Have Changed
Financial lives have changed. Financial advice, policies and products should too. See the infographic by the U.S. Financial Diaries.
Rita Douglas Household Profile: Getting By With Help from Friends
U.S. Financial Diaries: Rita Douglas, 62, lives in a two-bedroom apartment in a marginal, sometimes dangerous neighborhood near Cincinnati, OH.
Centris: Using Technology to Build Relationships
Centris Federal Credit Union believes serving underserved consumers doesn’t just make good business sense, but is integral to its heritage and mission.
Core Innovation Capital: Capitalizing on Innovation
Core Innovation Capital has set out to serve more than 10 million people, and save them at least $50 a month, for a total annual savings of $6 billion, in addition to helping them become more upwardly mobile.
Infographic: Compass Guide to Prepaid
Discover the Compass Guide to Prepaid, with insights into the increased use of prepaid cards and the growing need for guidance around developing high-quality prepaid products.
The Financial Health Network Comment Letter on CFPB’s Prepaid Card Regulation
The Financial Health Network is submitting this letter in response to the request for comment by the Consumer Financial Protection Bureau on May 24, 2012.
Results from the Financial Health Network’s Inaugural Industry Scan
In 2010, the Financial Health Network launched its largest effort yet to catalog all existing financial products and services aimed at the underbanked population: the Underbanked Industry Scan.
The Financial Health Network Third Secured Credit Cards InBrief
The Financial Health Network led a consumer research study on secured card products, conducted with MasterCard and Blue Flame Consulting.
Accessing the American Dream: Affinity Marketing Partnership Strategies for Financial Institutions and Nonprofits
Discover likely affinities among underbanked consumers and explore how financial products could be marketed to these consumers through community-based nonprofits and nonprofits offering advocacy and social services.
Unbanked to Homeowner
The unbanked and underbanked still face many barriers to asset building, but recent innovations show that it is possible to overcome these challenges through creative strategies.