Peer-to-Peer Payments: Beyond Splitting the Bill
Since emerging in the early 2010s, peer-to-peer payments have become part of modern life. What do household usage trends reveal about financial health?
Unbanked, Underbanked, or Something Else Entirely?
As digital wallets, online banks, and fintech apps become everyday tools, the meaning of financial inclusion is shifting. Are our metrics keeping pace?
FinHealth Spend 2025: The Cost of Financial Services For American Households
Financial Health Network research reveals that Americans spent $455 billion in financial services fees and interest in 2024 as credit costs, student loans, and deep inequities strain households.
Overdraft, NSF Fees Bigger Burden Than Previously Estimated
In 2024, consumers spent $12.1 billion on overdraft and NSF fees – approximately 48% more than previously thought.
Wall Street to Main Street: Who Accesses Non-Retirement Investment Accounts?
A new FinHealth Spend Product Spotlight reveals disparities in ownership of these wealth-building tools.
Climate Disaster and Renters Insurance: Who’s Protected?
A new FinHealth Spend Spotlight finds many renters don’t hold renters insurance – and those who do still face climate-related risks.
Blogs and Press
2025 FinHealth Spend Report Shows the Price of Participation in America’s Financial System Hit $455 Billion in 2024, with Financially Vulnerable Bearing the Heaviest Burden
Fees and interest surged by nearly $100B over two years as student loans resumed and credit card debt grew, costing Financially Vulnerable households 17 times more of their income than Financially Healthy households.
FinHealth Spend Report 2024 Finds Spending on Interest and Fees Climbed 17% to Reach All-Time High of $415 Billion
New data from Financial Health Network shows credit balances, spending on interest and fees, and unmanageable debt all increased for Americans, with the financially vulnerable and people of color paying an outsized portion.
Cryptocurrency Kicks Off 2023 With Decline in Ownership
A new Financial Health Network survey finds remaining owners appear to hold crypto as part of a larger investment strategy; holdings are now lowest among Black investors.
Family Caregivers Need a FinHealth Lifeline
The role of care in our economy has entered the national spotlight, yet there’s still much we don’t know about the financial and economic consequences of caregiving.
Amid Resurgence of Interest in Overdraft, New Data Reveal How Inequitable It Can Be
Our team executed a deep dive into FinHealth Spend Report data from late 2020 to learn how customers are using overdraft today amidst the pandemic. The results offer fresh answers to some of the key questions regarding overdraft usage.
The Financially Underserved Market: What Drives A $173 Billion Opportunity?
Building financial health can be a challenge for financially underserved consumers. What products address their needs in this evolving marketplace? To learn more about the underserved market opportunity, download Financial Health Network’s 2017 Financially Underserved Market Size Study. How did financially underserved consumers borrow, spend, save, and plan in 2016? From the increased prevalence of…
In the News
The $455B Reality of Financial Health – Fintech Takes
Welcome back to the Fintech Takes podcast. I’m Alex Johnson, joined by Jennifer Tescher, founder and CEO of the Financial Health Network.
Americans Spent $455B on Financial Services Fees in 2024; ‘Deep Inequities Strain Households,’ Report Finds
As outlined below, the study breaks out financial services spending by credit cards, checking accounts/overdrafts, student loans, BNPL.
If You See This on Your Bank Statement, It’s Time to Switch Accounts
If you've ever checked your bank statement and spotted an unexpected overdraft fee, you're not the only one. U.S. banks made a staggering $12.1 billion in overdraft fees in 2024, according to the Financial Health Network.