The 4 Phases of the COVID-19 Economy – What Comes Next?
With the arrival of a new administration in D.C. in a few weeks, it’s time to refocus on what Americans need now to support their financial health. Our recently released 2020 Trends Report found that many Americans were able to cope during the pandemic largely because of…
Life got worse for the have-nots this year. Banks can help change that.
This year marked an unprecedented time in many ways, including for the financial health of American households. And with so many competing headlines, it can seem nearly impossible to make sense of it all. Read the Article >>
Financial Health in a Pandemic: Member-Exclusive Insights from the U.S. Financial Health Pulse
Join the authors of the new U.S. Financial Health Pulse 2020 Trends Report for an exclusive, early-access discussion exploring how consumers fared financially during the first six months of the pandemic.
Election-Driven Payday Loan Caps Spotlight On-Demand Wage Technology
Amid the pandemic, a ceiling on payday loans extends … state by state. Read the Article >>
The Financial Lives of Young Adults: Exploring Disparities by Race and Ethnicity
Despite being the most diverse group in the nation’s history, today’s young adults are often viewed as a monolithic group. A detailed look at their financial health tells a different story, however. Join us to explore key findings from the recently released report “Race, Ethnicity, and the Financial Lives of Young Adults,” along with solutions that can dismantle systemic barriers and improve financial health for all.
America’s racial wealth gap hits home—what can be done about it
Black people make up 13% of the U.S. population, but only have 2.5% of the nation’s wealth Read the Article >>
‘A Tale of Two Americas’: New Data from the 2020 U.S. Financial Health Pulse
“It was the best of times, it was the worst of times.” The opening lines of Charles Dickens’ iconic novel A Tale of Two Cities perfectly capture the paradoxical nature of this moment in time. Since March, the news has often featured contradictory narratives about the impact of the ongoing pandemic on people’s financial lives….
Financial Health in a Pandemic
How has the economic fallout from COVID-19 disproportionately impacted the financial health of different groups of people in America? In this conversation with Urban Institute CEO Sarah Rosen Wartell, we take a deep dive into the pandemic’s impact on financial health.
2020 U.S. Financial Health Pulse Data Shows A Tale of Two Americas: Gap Widens Between Financially Healthy and Vulnerable Populations
Chicago, IL, Oct. 13, 2020 (GLOBE NEWSWIRE) — The Financial Health Network, the nation’s authority on financial health, in partnership with Flourish Ventures, MetLife Foundation, and AARP, today released the U.S. Financial Health Pulse 2020 Trends Report, revealing an uneven impact to financial health over the last year. While the topline data shows 33% of people […]
‘A tale of two Americas’: How the pandemic is widening the financial health gap
Over two-thirds of Americans are financially unhealthy, with millions facing “extreme financial hardship,” according to the U.S. Financial Health Pulse Trends Report, released today. And as the stock market continues to strengthen, the average American is still struggling, with unemployment rates still far above pre-pandemic highs and another round of coronavirus stimulus seemingly far off. Read the Article >>
U.S. Financial Health Pulse: 2020 Trends Report
Discover key findings from the 2020 U.S. Financial Health Pulse regarding Americans' financial health, including profound disparities across race and ethnicity.
Race, Ethnicity, and the Financial Lives of Young Adults
Young adults of color, particularly those who are Black and Latinx, have borne a disproportionate share of economic hardship, as decades of systemic racism have made their communities more vulnerable to the effects of these crises.