Despite the booming economy and low unemployment, only 29% of Americans consider themselves financially healthy. That means the vast majority of U.S. individuals aren’t prepared if and when another recession sets in. Read the Article >>

The economy may be booming, but a large percentage of Americans report feeling insecure in their own financial lives, according to a new report from the Financial Health Network. The U.S. Financial Health Pulse 2019 Trends Report asked Americans about four buckets of financial health — saving, spending, borrowing and planning — and compared responses from […]

The Financial Health Network, the nation’s authority on financial health, in partnership with Flourish, MetLife Foundation, and AARP, today released the U.S. Financial Health Pulse 2019 Trends Report. Now in its second year, this year-over-year analysis of peoples’ financial health found that despite a strong economy, only 29% of people in the U.S. are financially healthy.  […]

Just 29% of Americans—approximately 73 million people—are financially healthy, according to the Financial Health Network’s Financial Health Pulse report released today. That figure was up only one percentage point from a survey conducted a year ago. Fifty-four percent of Americans were classified as “financially coping,” struggling with some but not all aspects of their financial lives—such as […]

Many Americans remain in precarious financial shape even as the economy continues to grow, with 7 of 10 saying they struggling with at least one aspect of financial stability, such as paying bills or saving money. Read the Article >>

Most Americans are struggling with at least some part of their finances, a new report shows, despite a strong economic indicators to the contrary. Just 29% of Americans — an estimated 73 million people — are “financially healthy,” according to a report released Thursday by the Financial Health Network. The share of financially healthy individuals increased […]

Research finds that families should aim to have at least six weeks of take-home pay saved for emergencies, but about two-thirds of American families fall short.

The House overwhelmingly approved a bill Thursday to promote retirement security by making it easier for small businesses and other companies to offer retirement plans. Financial Health Network research shows 4 in 10 adults have not saved for their retirement.   Read the Article >>

In this article, the Financial Health Network’s Thea Garon discusses data from the U.S. Financial Health Pulse that finds only 24% of millennials are financially healthy, and what banks can do to effectively serve their millennial customers. “With an estimated 73 million millennials in the U.S. according to Pew Research Center, this is an incredible opening […]