Survey Finds Only 29% Americans Financially Healthy
The Financial Health Network, the nation’s authority on financial health, in partnership with Flourish, MetLife Foundation, and AARP, today released the U.S. Financial Health Pulse 2019 Trends Report. Now in its second year, this year-over-year analysis of peoples’ financial health found that despite a strong economy, only 29% of people in the U.S. are financially healthy. […]
Study: Majority of Americans Continue to Struggle with Finances
Just 29% of Americans—approximately 73 million people—are financially healthy, according to the Financial Health Network’s Financial Health Pulse report released today. That figure was up only one percentage point from a survey conducted a year ago. Fifty-four percent of Americans were classified as “financially coping,” struggling with some but not all aspects of their financial lives—such as […]
70% of Americans say they are struggling financially
Many Americans remain in precarious financial shape even as the economy continues to grow, with 7 of 10 saying they struggling with at least one aspect of financial stability, such as paying bills or saving money. Read the Article >>
Middle-income Americans are increasingly ‘financially vulnerable,’ despite strong economy and low unemployment
Most Americans are struggling with at least some part of their finances, a new report shows, despite a strong economic indicators to the contrary. Just 29% of Americans — an estimated 73 million people — are “financially healthy,” according to a report released Thursday by the Financial Health Network. The share of financially healthy individuals increased […]
U.S. Financial Health Pulse Finds Only 29% of People Living in the U.S. Financially Healthy
Despite a strong economy, over two-thirds of Americans are still unprepared for economic downturn or financial shocks.
Even in Strong Economy, Most Families Don’t Have Enough Emergency Savings
Research finds that families should aim to have at least six weeks of take-home pay saved for emergencies, but about two-thirds of American families fall short.
House passes bill to help workers save for retirement
The House overwhelmingly approved a bill Thursday to promote retirement security by making it easier for small businesses and other companies to offer retirement plans. Financial Health Network research shows 4 in 10 adults have not saved for their retirement. Read the Article >>
BankThink: Banks are missing their millennial opportunity
In this article, the Financial Health Network’s Thea Garon discusses data from the U.S. Financial Health Pulse that finds only 24% of millennials are financially healthy, and what banks can do to effectively serve their millennial customers. “With an estimated 73 million millennials in the U.S. according to Pew Research Center, this is an incredible opening […]
Financial Solutions Lab Launches Sixth Fintech Accelerator Competition to Support Innovative Financial Health Solutions for Workers and Students
The Financial Solutions Lab, an initiative from the Financial Health Network and founding partner JPMorgan Chase & Co.( JPMC), announced the launch of its sixth accelerator challenge.
JPMorgan’s Financial Solutions Lab to Run Accelerator with Financial Health Network
The Financial Solutions Lab, an initiative from the Financial Health Network and founding partner JPMorgan Chase & Co., announced today the launch of its sixth accelerator challenge, focused on advancing the financial health of workers and students who are developing in-demand skills to prepare them for the future of work. Read the Article on […]
Financial Solutions Lab Launches Sixth Fintech Accelerator Competition to Support Innovative Financial Health Solutions for Workers and Students as Part of $50 Million, 10-Year Program
Competition to focus on financial technology companies and nonprofits that aim to improve the financial health of workers and students in the U.S.
The Future of Worker Benefits — Seeking the Next Generation of Workplace Wellness Solutions
By Jose Galindo, Workplace Financial Health Program Director, Financial Health Network I know first hand — as the founder and former CEO of moneymio.com, the first bilingual online platform dedicated to empowering Latinos in the United States with personal finance education — the challenge young fintech companies face, especially those who are focused on improving the financial health of…