Being Broke Is Expensive And 4 More Science-Backed Reasons Why It’s So Hard To Manage Money When You Don’t Have A Lot Of It
Have you ever been flat-out broke? Not the kind of quasi-broke when we have to let go of little luxuries like a Boxycharm subscription. We're talking the real deal kind of broke: When there's a negative balance in your bank account, overdraft fees are starting to stack up, and you're making trade-offs on which bill to pay and which ones to let go.
From Theory to Practice: 5 Tactics for Savings Engagement
Americans are facing inflation, ongoing pandemic-related disruptions, and limited government support. Here are five ways employers can help them save. Presented by: BlackRock's Emergency Savings Initiative
Financial Health Research: Expanding Our DEI Lens
As part of our DEI commitment, the Financial Health Network is updating our survey questions and analysis around ethnicity, gender, LGBTQIA+ status, and ability.
50% Of Taxpayers Worry Tax Refunds Will Be Smaller This Year
The 2022 tax filing season has begun, and a stretched-thin IRS has already warned Americans that they should be patient as it processes returns.
The future of fintech: Driving financial inclusivity
Living paycheck to paycheck is one of the biggest sources of economic stress for Americans today—and these anxieties weigh on mental and physical health too.
Regions Bank to Eliminate Overdraft Protection Transfer Fees
Regions Bank said Wednesday it will eliminate overdraft protection transfer fees by the end of the first quarter.
The Financial Health Network Announces Child Tax Credit Research
Challenges continue to impede the distribution of Child Tax Credit payments, especially for those who could benefit from them the most. The Financial Health Network will undertake research, supported by VISA, to determine how long CTC recipients might have waited to receive their payment, how much they might have spent in fees to access their payment, and how they ultimately used their payment.
Bank of America to Cut Overdraft Fees to $10 From $35
Bank of America Corp. said Tuesday it would cut overdraft fees to $10 from $35 beginning in May, following other big banks that have rolled back or ditched such charges.
Digital Currencies and Financial Health
Digital currencies have the potential to improve financial health for millions, but it depends on how they are designed and integrated into the financial services infrastructure.
Make Just One Financial Resolution for 2022: Save
When it comes to New Year’s resolutions, it’s easy to overdo it by setting too many or making them too difficult to achieve. Before long, we get frustrated by our lack of progress and revert to old habits.
The problems with not having a bank account
There are new efforts and incentives to get millions of Americans into accounts.
The Role of Government Interventions in Financial Health: A Conversation with Foundation Communities
Andrew Dunn sat down with Kori Hattemer, Director of Financial Programs at Foundation Communities, a nonprofit organization that provides affordable housing in 23 communities in Austin and North Texas, on how pandemic-related government interventions are affecting recipients’ financial health.