Membership Amplification Toolkit
Resources to explore, leverage, connect, and broadcast your Financial Health Network Membership commitment to building better financial lives, together.
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.
Empowering More Women to Build Savings
March is Women’s History Month, and March 8 is International Women’s Day. In celebration of women’s achievements and to take strides toward equity, we are devoting this Short-Term Savings Small Group meeting to exploring gender gaps in financial health, with a focus on promoting emergency savings.
Member Town Hall
Watch the 2021 Member-exclusive Town Hall on demand, featuring insights from fellow Members demonstrating how focusing on financial health can unlock powerful impacts for customers, employees, and communities.
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.
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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.
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.
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.
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.
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.
Beyond Measurement: Insights from the 2019 Financial Health Leaders Program
By measuring financial health, businesses can better understand how customers save, spend, borrow, and plan and develop solutions to meet those needs. This report recognizes how our 2019 Financial Health Leaders used measurement to advance their companies’ strategic priorities, providing insights for organizations as they invest in the financial health of their customers, employees, and communities.
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.
Member Summit: Fostering Financial Health Through Behavioral Change
Hear from Matt Wallaert, author of Start at the End: How to Build Products that Create Change, as he explains how your organization can help promote financial health through behavioral change.
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.
Consumers Are Not Financially Prepared for Natural Disasters – Here’s How to Help
Provided by Money Management International, this research reveals that many financial institutions are ill-equipped to support customers who have suffered a catastrophe, such as a natural disaster.
Webinar: The Role of Trust in the Financial Data Ecosystem
During this webinar, attendees heard from a leading financial technology company about the importance of being a trusted steward of consumers’ data and discussed what good data governance means for consumer financial health
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.
2019 Financial Health Leaders Spotlight Podcast: MMI
Our Financial Health Leaders program spotlights the Financial Health Network members who are at the forefront of financial health innovation. Listen in as we hear how MMI is using the FinHealth Score™ to measure the impact of natural disasters on its clients through a new initiative called Project Porchlight.
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.
2018 Financial Health Leaders Spotlight: Simple
Listen in as we hear Simple share what it discovered after measuring its customers’ financial health and how that’s propelling Simple forward in 2019.
Webinar: Key Findings from the Pulse & What They Mean for Your Business
During this member-exclusive webinar, authors of the U.S. Financial Health Pulse 2018 Baseline Survey explored findings from this groundbreaking research initiative. The first in a three-part series, this conversation explored into new cuts of the data and shared findings and trends on how Americans are saving and borrowing.
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.
2018 Financial Health Leaders Spotlight: FinFit
Listen in as we hear FinFit share how they think about the business case for financial health for employers and the impact they are seeing from the new FinFit IQ trivia game.
Measuring Customer Attitudes and Behaviors Through Surveys
Learn how EVERFI is measuring customer attitudes and behaviors through surveys based on the Financial Health Network’s financial health framework and what they plan to do with that data.
Helping Credit Unions Tackle Financial Health
Learn about the creative route The Foundation took to become a Financial Health Leader and how this will help inform the greater credit union ecosystem.
Finding The Right Measurement Tools
To create a more detailed understanding of the health of its customers, Credit Human partnered with the Financial Health Network to build better measurement tools.
Tools to Provide a Prescription for Financial Health
Learn how Envestnet | Yodlee is using data analytics to build tools companies can use to provide consumers with a prescription for improving their financial health.
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.
Dispatch from D.C. — September 2016 Executive Summary
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.
Checking Accounts and the Financially Struggling Majority
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.
Dispatch from D.C.—August 2015
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.