Financial Health Can Be So… Retro
Some of the most popular financial health tools introduced by fintechs actually replicate and automate habits and “life hacks” that many households used successfully before the era of electronic banking and payments. These digital “retronovations” bode well for banks and credit unions seeking to offer services that help their customers while also bringing subscription revenues that lessen institutions’ dependence on penalty fees.
Motivating Change: Behavioral Economics and Financial Health
By Heidi Johnson Director, Financial Health Network Director Heidi Johnson joined the Financial Health Network team in 2019 to lead our work applying behavioral insights to the design and delivery of financial health products. She comes to our organization from the Consumer Financial Protection Bureau, where she led a behavioral research program and contributed to…
New Pulse Data: Those Who Need COVID-19 Stimulus Most Are the Last to Get It
By David Silberman, Senior Advisor, Financial Health Network The COVID-19 pandemic has caused widespread economic dislocation. Tens of millions of Americans have lost their jobs, at least temporarily, and millions more have seen their hours drastically cut. Those job and wage losses have fallen disproportionately on low-wage workers, especially blacks and Latinos, who are concentrated…
Income, Age, Race, and Gender Are Key Factors as New Data Shows 1 in 3 Americans Earning Less During COVID-19
In this new data from the 2020 U.S. Financial Health Pulse, a nationally representative online survey fielded from April 20 to May 7, learn how vulnerable groups are struggling in the wake of the pandemic.
U.S. Financial Health Pulse Fact Sheet: COVID-19
Looking at existing data on financial health pre-crisis can help us size up its potential downstream effects.
Member-Exclusive Webinar: The Intersection of Consumer Transactional + Survey Data
Discover insights related to the intersection of consumer transactional data and survey data during this first webinar from the U.S. Financial Health Pulse Webinar Series.
Financial Health & Behavioral Change
This research has been provided by FinFit.
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.
Supporting Financial Health for Millennials and Women in the Workplace
Millennials and women have unique financial needs. This report sheds light on the needs and preferences of these employees, helping employers develop targeted solutions that can set them apart in a competitive marketplace.
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.
The Case for Employers to Invest in Employee Financial Health
Employees at mid- to large-sized companies struggle with many aspects of their financial lives, causing them stress and creating spillover effects on job productivity, according to a new survey of 1,000 employees. In this infographic, Financial Health Network reveals key survey findings and opportunities for employers.