Financial Health Pulse® 2022 Chicago Report
In our first report to focus on the Financial Health Network’s home city, we explore the realities of the financial lives of people in Chicago and neighboring Cook County suburbs.
Pulse Points Fall 2022: Responses to Record-High Gas Prices
As gasoline prices reach all-time peaks, how are Americans adjusting their buying patterns to cope? Analysis of Financial Health Pulse® survey and transactional data suggests that increasing gas costs and consumers’ financial health status may affect how often they refuel and how much they spend per trip to the pump.
The Case for a Global Financial Health Platform
How might a platform resource catalyze private financial sector action on worldwide financial health?
Financial Health Pulse® 2022 U.S. Trends Report
Our 2022 U.S. Trends Report tells a far different story than prior years. Data from the nationally representative probability-based Pulse survey, fielded in April and May 2022, show that financial health declined for the first time in the project’s five-year history.
Seven Pain-Points in the Consumer Financial Data Ecosystem: Priorities for the CFPB’s Rulemaking Under §1033 of the Dodd-Frank Act
Consumer’s ability to access and electronically share their financial data has already demonstrated considerable financial health benefits. But our research among consumers, their financial app providers and data aggregators reveals seven “pain points” impeding data access and preventing consumers from sending their data where it can do them the greatest good. The Bureau’s pending rulemaking under Section 1033 of Dodd Frank can best serve financial health by incorporating a few basic principles that will enshrine consumers’ data access rights.
Financial Health of Workers in Low-wage Jobs
Our findings suggest that investing in the financial health of workers in low-wage jobs – defined as earning up to $17 per hour in hourly wages or up to $35,360 per year in annual wages – can be an effective strategy for employers to ensure a stable and productive workforce.
The Gender Gap in Financial Health
The Financial Health Network’s research has consistently shown a sizable gap in the financial health of men and women. Moreover, recent data found that while financial health improved overall for the country during the pandemic, the gap between men and women actually widened.
2021 Advance Child Tax Credit
Direct government payments can provide meaningful support for the financial health of households. In the case of the 2021 expansion of the Child Tax Credit (CTC), advance CTC payments reduced monthly child poverty by nearly 30%, according to research from Columbia University.
Financial Health Solutions: Promoting Employee Financial Health With a Mobile App
When offered digital financial wellness tools, which workers use them most? Explore how various employee groups engaged with a mobile app rolled out by University Federal Credit Union in Austin, Texas.
FinHealth Spend Report 2022
This year’s annual FinHealth Spend Report examines how households in America managed their finances and accessed credit during the second year of the pandemic, analyzing year-over-year trends for more than two dozen financial products and services.
Preventing Medical Debt: Recommendations for Employers
This report shines a light on employer decisions around health insurance and how those decisions have helped shape the medical debt crisis, explaining specific actions employers should take now to reduce employee financial stress while improving productivity and retention.
Preventing Medical Debt: Recommendations for Insurers
This report shows how the shifting health insurance landscape has helped shape the medical debt crisis, identifying specific actions insurers should take now to boost Americans’ confidence in their coverage and motivate them to pursue timely care that reduces the need for costlier services.