Very few people with disabilities are considered financially healthy. They are often below the poverty line.

When the Federal Reserve announced earlier this summer the launch of FedNow, a new service to enable instant payments for American households and businesses, some critics argued that the fanfare was overblown. After all, The Clearing House had launched the nation’s first instant payment system in 2017, and even that was decades behind other developed economies.

For the past five years, the US has been confronted with an average of 18 natural disasters per year. This year, as of August 15, natural disasters have already racked up losses of more than $1 billion each. With the climate changing, these events are becoming more frequent and with each event, many Americans take on financial damages.

Financial Health Network’s research reveals half of working-age people with disabilities are in financial distress.

Fifty percent of working-age people with disabilities have annual household incomes less than $30,000.

Although U.S. consumers have embraced "buy now, pay later" loans in part because of marketing claims that they offer zero-percent financing, shoppers should be on their guard. Some BNPL products charge exorbitant interest rates, along with heavy fees when you miss a payment, according to Consumer Reports.

Companies like Affirm, Klarna, PayPal, and Sezzle that offer interest-free pay-in-four loans also provide longer-term loans that can have high interest rates, confusing consumers.

Officials hope FedNow will allow Americans to send and receive money in real-time around the clock.

During National Small Business Week in May, the nation celebrated the important role that Main Street businesses play as an economic driver for their communities. Yet even as the focus on employee wellbeing, and financial wellbeing in particular, grows in importance among human resources and benefits leaders, millions of small businesses – particularly historically underestimated businesses led by entrepreneurs of color – are unable to access the types of benefits and solutions that can help their employees thrive financially.

My colleagues at Financial Health Network recently released research citing that amid government policy overhauls and renewed regulatory attention to overdraft and NSF fees, understanding when, how, and why members overdraft should inform further shifts in credit union practices and regulatory actions.

The finances of about 40 million Americans with college loans may take a hit now that the Supreme Court has struck down President Biden's plan to forgive up to $20,000 per person in student debt.

The economy has been through the wringer for the past few years. Skyrocketing inflation in the wake of the COVID-19 pandemic brought with it a series of rapid rate rises that still may not have reached an end.