54% of Americans worry about expenses tied to coronavirus—here’s how to cut medical costs if you get sick
For Americans, there are two major types of financial shocks to worry about if you fall ill with coronavirus: income loss and medical costs, Rob Levy, vice president of the Financial Health Network, tells CNBC Make It. Read the Article >>
In A Strong Economy, Financial Instability Persists — But Tech Could Help
A startup program from JPMorgan Chase and the Financial Health Network aims to set financial health startups up for success. Read the Article on Built In >>
Fear of Virus-Tainted Dollars Opens New Front in War on Cash
The signs began appearing around Seattle in the windows of Dick’s Drive-In, the city’s iconic burger chain: “In an abundance of caution, we ask you to please pay with credit or debit card if possible rather than cash.” Read the Article >>
Navigating Coronavirus: The True Cost of Cancellation
Earlier this week, my organization made the decision to cancel our upcoming annual conference, the EMERGE Financial Health Forum, due to the risks posed by the coronavirus.
Training For the Future of Work Comes With Financial Risk
The future of work is here, and it is impacting workers and students in new and surprising ways. One key area experiencing change is around financial health – especially for low- to moderate-income (LMI) individuals – but innovative technology solutions can help.
Emergency Savings Can Help Offset Unexpected Emergencies, But Should Be a Long-Term Strategy
As concerns about the spread of COVID-19 continue, questions are also arising about the financial preparedness of Americans in the case of an unexpected emergency, such as needing to stay home from work for an extended period. Read the Article >>
Are HSAs and IHRAs Good for Financial Health?
We used the Financial Health Network Compass Principles, a set of quality standards for products and services that support financial health, to assess HSAs and IHRAs.
Even with the recent strong economy, many Americans are struggling—ex-Fed chair Janet Yellen explains why
Less than a third of Americans consider themselves to be financially healthy. In fact, more than half report struggling with some aspect of their financial lives, according to a comprehensive survey released in November by the Financial Health Network. Read the Article >>
Old Tricks, New Hat — Helping Americans Save in New Places
By Tanya Ladha, Senior Director at Financial Health Network Saving money is hard. So hard, in fact, that experts and academics have spent decades studying human behavior in an effort to make it easier for us, designing tricks and hacks that help us save — automating savings (think 401k retirement plans, created for us to set-it-and-forget-it), turning…
The Power Of Purpose: Fintech’s Role In Stakeholder Capitalism
First came the statement from the Business Roundtable redefining the role of business in society. Then came Larry Fink’s annual shareholder letter, in which he said BlackRock would make environmental sustainability a core investment criterion.
Beyond The Top Ten: These Trends Should Shape The Future Of Fintech
If you’re reading this, it’s likely your inbox has been overflowing with predictions and prognostications about what we can expect in the decade ahead. It’s as if the future has already been written, with no opportunity for us to shape it. Read the Article >>
Optimizing Insurance and Financial Health
By Hannah Gdalman, Stevenson Fellow, Financial Health Network The recent open enrollment season means that for many of us, insurance is still top of mind. Other key moments such as the start of a new year, tax season, a new job, or family additions also provide a chance to reflect on insurance throughout the year….