Why Financial Health Disparities Continue to Widen
One year into the COVID-19 global pandemic, new data from the U.S. Financial Health Pulse shows that Black and Latinx communities are continuing to disproportionately struggle amidst the ongoing public health crisis, and that financial health disparities appear to be widening by race and ethnicity as a result of the ongoing pandemic.
The Varied Financial Health Needs of Underserved Entrepreneurs
Financial Health Network welcomes Gina Harman and Luz Urrutia as guest bloggers. Gina currently serves on Financial Health Network’s board of directors and Luz is a past member of Financial Health Network board of directors. Guest post co-authored by: Gina Harman, CEO, U.S. Network, Accion Luz Urrutia, CEO, Opportunity Fund As mission-based small business lenders,…
Worth the Time: Designing Financial Services to Reduce Time Poverty
By Karen Andres Vice President, Financial Health Network Anyone who has heard the words “terminal,” “no cure,” or “palliative care” in a doctor’s office will remember everything about that moment. When I heard those words a decade ago about my 57-year-old mother, I immediately felt like I had been hit over the head by a…
The Financially Underserved Market: What Drives A $173 Billion Opportunity?
Building financial health can be a challenge for financially underserved consumers. What products address their needs in this evolving marketplace? To learn more about the underserved market opportunity, download Financial Health Network’s 2017 Financially Underserved Market Size Study. How did financially underserved consumers borrow, spend, save, and plan in 2016? From the increased prevalence of…
America’s Financially Underserved Marketplace: A $141 Billion Opportunity Hiding in Plain Sight
By Financial Health Network Underserved Consumers spent $141 billion in 2015 to borrow, spend, save, and plan their financial lives. What products do they use to meet their needs, and where are the opportunities for innovation? American consumers have never had more choices when it comes to financial products. But having choices doesn’t always mean…
Re-Defining an Awards Strategy: Opportunity Finance Network
By Financial Health Network Consulting Putting Low-Income Consumers First With the Help of Financial Health Network’s Knowledge More than 68 million low-income Americans don’t get the financial services they need. It’s this market gap that prompted the Opportunity Finance Network (OFN), a network of community development financial institutions to turn to the Center for Financial…