Rachel Schneider

Founder and Chief Executive Officer
Canary

Rachel Schneider is currently the Omidyar Network Entrepreneur-in-Residence at the Aspen Institute Financial Security Program (FSP), and co-author of The Financial Diaries: How American Families Cope in a World of Uncertainty. Rachel is launching a new effort to evolve the social contract to take into account the increasing financial volatility that workers experience. She is particularly interested in how small, strategic cash infusions can go a longer way by helping families at pivotal moments in which they simply don’t have the cash on hand that they need.

Rachel spent the last decade working to build the financial health of Americans at the Financial Health Network, where she is still a Senior Advisor. Rachel began her career as an investment banker at Merrill Lynch & Co., but credits her commitment to the potential for innovative finance to solve major social problems from her days as a VISTA Volunteer (now AmeriCorps). She holds a J.D./M.B.A. from the University of Chicago, and a B.A. from UC Berkeley.

 Rachel Schneider

More Related to Rachel Schneider

Sriracha and Superglue: Sometimes A Little Can Go a Long Way

By Tanya Ladha and Rachel Schneider, Financial Health Network Maybe you’ve been there — you break a dish, clean down the middle. You find the superglue, carefully squeeze a small stream of the potent liquid on either side of the break, and patiently hold for the allotted 90 seconds. When you move to place the mended dish…

FinHealth matters, and a private look into a financial diary shows us why

By Rachel Schneider, Financial Health Network When Jonathan Morduch and I started working with the families associated with the US Financial Diaries research — featured in our recently released book, The Financial Diaries — we thought it might be hard to get people to share the intimate details of their financial lives with us. After all, how many of…

Why the Center for Financial Services Innovation cares about a Universal Basic Income

By Rachel Schneider & Jennifer Tescher, Financial Health Network Sometimes, complex problems demand simple solutions. According to Financial Health Network’s research, 57% of Americans are financially unhealthy. The Pew Charitable Trust found that over 70% of Americans are income limited, savings constrained or debt challenged, and a third of Americans experience two or even three…

That Moment your Idea of Community Expands

All children are “our” children. Financial shocks affect millions of children’s lives. Over 48 million children live in financially struggling households; 38% of these families don’t have savings habits. Financial Health Network has been dedicated to raising awareness around America’s children, publishing research to support the efforts. And this summer, we invited Bob Putnam, author…

Why the CFPB’s Payday Regulations Need to be the Starting Point, not the End

By Rachel Schneider Senior Vice President, Financial Health Network Last week, the Consumer Financial Protection Bureau (CFPB) released its long-awaited proposed rules about payday lending. The CFPB is to be applauded for wading into the near-impossible task of trying to regulate this controversial product without causing harm to the millions of people who rely on…