In all likelihood, the federal government will be sending out tens of millions of paper checks in the coming weeks and months to those who qualify for aid under the Coronavirus Aid, Relief, and Economic Security Act.   Read the Article >>

“The requirements of social distancing will impact the vast majority of workers, resulting in layoffs, furloughs and hour reductions,” Says Rob Levy, vice president of the Financial Health Network.   Read the Article >>

The people who can least afford to lose their jobs are the ones who’ll be hit the fastest and the hardest by the coronavirus recession.   Read the Article >>

In a pandemic, a chief people officer can make or break a company. Read the Article >>

“The answer can’t be to do nothing,” said John Thompson, chief program officer of the Financial Health Network, a nonprofit focused on financial innovation.   Read the Article >>

The U.S. economic outlook darkens daily, with millions facing unemployment and businesses in a steep decline.   Read the Article >>

As the novel coronavirus spreads throughout the U.S., banks are adding extra benefits for employees working in branches as well as those pulled away from work to deal with illness and caregiving responsibilities.   Read the Article >>

Tens of thousands of Americans are facing unemployment as the coronavirus pandemic continues to affect daily life for cities and towns across the U.S.   Read the Article >>

In Washington, the focus has now turned to the economic response to the coronavirus pandemic, with experts and politicians proposing their preferred policy tools — ranging from tax cuts to corporate bailouts to direct payments of cash. Each is worth debating, but the focus is misplaced. This is not an economic crisis; it is a health-care crisis. […]

The virus will bankrupt more people than it kills” predicted Jennifer Tescher, CEO of the Financial Health Network. “Missing even one paycheck can have a domino effect for families, leaving a trail of missed mortgage or rent payments, utility shut-offs, unpaid bills.” Read the Article >>

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.

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 >>