Financial Strain and Health
In the United States, financial stress significantly impacts overall well-being. A staggering 40% of Americans report experiencing high stress related to money, while 76% of American households live paycheck to paycheck.
Financial Health Pulse 2024: 70% of Americans Remain Financially Unhealthy as Day-to-Day Financial Health Weakens, Middle Income Households Hit Especially Hard
Latest report on America’s financial health reveals stark contradictions depending on whether a household has credit card debt or investments; middle income households see sharp drop in ability to manage debt.
How Can Employers Help Increase Access to Affordable Housing?
Three takeaways from our recent Member-exclusive Executive Roundtable on how organizations can help employees access affordable housing.
Lessons From FinX: The Challenges of Financially Vulnerable Consumers
The lessons learned and insights gained from FinX, a unique workshop that illuminates the challenges faced by financially vulnerable consumers.
If Your Debt Is Ballooning, There Are Steps You Can Take
More borrowers have been falling behind on their credit card bills and are paying for more basic banking services, like A.T.M. fees.
Charting the Course for the Future of Consumer and Worker Financial Health
As we mark 20 years of the financial health movement, it is energizing to consider the immense advancements we’ve made in partnership with so many of you. In that time, more than 170 organizations have answered our call to measure the financial health of their customers, employees, and communities.
What to Know About Online Paycheck Advances and Why They Face Scrutiny
The Consumer Financial Protection Bureau has proposed a rule that would treat the offerings as loans, requiring the providers to disclose their charges as interest rates.
FinHealth Spend Report 2024 Finds Spending on Interest and Fees Climbed 17% to Reach All-Time High of $415 Billion
New data from Financial Health Network shows credit balances, spending on interest and fees, and unmanageable debt all increased for Americans, with the financially vulnerable and people of color paying an outsized portion.
Rewiring FinHealth: 3 Takeaways From EMERGE 2024
Our 20th anniversary celebration brought together hundreds of leaders to reflect on our successes and chart a bold course for the future.
Can Banks Reverse a Complicated History with Women?
While women play a serious role in the economic landscape — whether via their control of household finances or in their consumer spending habits — they don’t have as much trust in banking institutions as men do.
What the Climate Crisis Means for Financial Health
With the increasing cost of climate change and its long-term ramifications on financial health, the Financial Health Network recognizes this urgent issue and is taking action.
Increasing Fund Access for Disaster Recovery: Q&A With iink Payments
With increasing natural disasters, finhealth-focused fintech makes it faster to access financial relief.