Financial Health and Criminal Justice: The Impacts of Involvement
Across each phase of involvement with the criminal justice system, individuals and their families often experience negative financial health outcomes.
New Pulse Data Shows Stimulus Payments Jump Started Spending But Funds Slowest to Reach Low-Income Individuals
Chicago, IL, May 20, 2021 (GLOBE NEWSWIRE) — The Financial Health Network, the nation’s authority on financial health, with support from the Citi Foundation, today released its first Financial Health Pulse Points brief featuring transactional data that highlights the effects of the two federal stimulus payments and tax refunds issued in early 2021 on account […]
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.
New Financial Health Pulse Data Shows Millions of Americans Still Financially Struggling Amid Ongoing Pandemic
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
PSCU Announces Findings of “How Credit Unions Can Become Financial Health Providers” Study
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 […]
This Is Exactly How Financial Stress Affects Your Body
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 […]
Why banks are rewarding customers for exercising
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 >>
The U.S. Financial Health Pulse: A Roadmap for Recovery
As vaccines roll out across the country, the Biden administration is considering bold policies to help struggling households, businesses, and communities recover from the health and economic impacts of the COVID-19 pandemic. For these efforts to be successful, the new administration – along with businesses, employers, and other stakeholders –…
How to donate your $600 stimulus check to people in need
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 >>
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…
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 >>