Etsy Gets Creative: Helping Sellers Build Emergency Savings
By Chandni Ohri, Director, Financial Health Network In October 2019, Etsy signed on to BlackRock’s Emergency Savings Initiative as one of the inaugural partners because they recognize the challenge and importance of emergency savings for their sellers. Emergency savings is one of the building blocks to improving financial health. In fact, the recent U.S. Financial…
Fintech Founder Q&A: FutureFuel.io
With 70% of recent graduates going into the workforce saddled with student debt, Laurel Taylor saw a massive opportunity to rethink the way debt repayment, roundup, and refinancing was handled. Her startup, FutureFuel.io, uses machine learning and technology to reimagine how employers can use student debt repayment as an attractive recruiting and retention tool. Taylor […]
Trends in Financial Health: A Look Back on 2019
By Thea Garon, Director, Financial Health Network A few weeks ago, the Financial Health Network released new data from the U.S. Financial Health Pulse, a groundbreaking study designed to provide ongoing snapshots of financial health in America. Launched last year, the study draws upon consumer surveys and transactional data to assess how people are spending,…
Most Americans Struggling Financially Despite The Strong Economy
Despite the booming economy and low unemployment, only 29% of Americans consider themselves financially healthy. That means the vast majority of U.S. individuals aren’t prepared if and when another recession sets in. Read the Article >>
Despite a strong economy, just 29% of Americans are financially ‘healthy,’ according to a new report
The economy may be booming, but a large percentage of Americans report feeling insecure in their own financial lives, according to a new report from the Financial Health Network. The U.S. Financial Health Pulse 2019 Trends Report asked Americans about four buckets of financial health — saving, spending, borrowing and planning — and compared responses from […]
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 >>