Food insecurity and fear of eviction pervasive among those hardest hit financially by pandemic with many borrowing money or cutting back on healthcare visits and medication

In continued support of its corporate philanthropic cause of financial well-being, PSCU, the nation’s premier payments credit union service organization (CUSO), today announced the findings of a new study, “How Credit Unions Can Become Financial Health Providers,” that assessed the financial health of credit union members and employees against a national benchmark. The study was […]

Lori, a New York City-based entrepreneur, is no stranger to financial uncertainty given her line of work. But between the monetary sacrifices involved in starting a business, high cost of city living, and the fiscal consequences of the pandemic, financial stress began to take a toll, she tells Bustle. But it’s not just the economic […]

There is evidence of a correlation between physical and financial health, according to the 2019 U.S. Financial Health Pulse trends report from the Financial Health Network, a research organization formerly known as the Center for Financial Services Innovation.   Read the Article >>

Over the weekend, Congress reached a deal for a new $900 billion Covid-19 relief package, which includes funding for stimulus payments of up to $600. Read the Article >>

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 […]

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 >>

Despite some recent good news about dwindling household debt, the financial health of U.S. consumers is rapidly deteriorating — and families with children are faring the worst. Read the Article >>

The ‘Lockdown Recession’ has given Millennials another major economic smack in the face, bookending the 9/11 attacks and the Great Recession on one side with the pandemic on the other. The coronavirus slump hit just as they were beginning to find their financial feet. What’s next for Generation Pain? And what can banks and credit […]

Student loan debt isn’t just a financial problem for consumers. It’s an emotional problem, too.   Read the Article >>

“Once again, the greatest burdens will be shouldered by the most vulnerable among us, when instead we should be doing everything to give them a leg up,” Jennifer Tescher, president and CEO of Financial Health Network, a non-profit authority on consumer financial health, said in a note. Read the Article >>