Learning Consumers’ Struggles By Walking in Their Shoes with USAID and U.S. Treasury Department
By Financial Health Network Consulting A Financial Inclusion Forum Goes Further Nothing makes the consumer experience resonate more than living it first-hand. The Financial Health Network understands this, which is why it created the Consumer Financial Experience (FinX) to offer an in-the-field opportunity that puts participants in consumers’ shoes and has them tackle the challenges…
#FinHealthMatters: Debt Roundup
By Grayson Bell, Debt Roundup Did you know 57% of Americans are struggling financially? Isn’t that a crazy number? What if I pull out percentages and go with about 138 million people. Yes that is MILLION! This information is according to Center for Financial Services Innovation’s Consumer Financial Health Study. While I hate to see…
#FinHealthMatters: True Tightwad
By Nick True, True Tightwad So, I have a confession to make. I ruined my honeymoon. This is hard to admit since most people don’t know this (not even my mom, who’s reading this for the first time). It’s hard because this story has the potential to paint me in an extremely negative light. But…
#FinHealthMatters: I Pick Up Pennies
By Abigail Perry, I Pick Up Pennies FinCon and Center for Financial Services Innovation partnered up for a contest to have bloggers explain what financial health means to them. Here’s my take on the subject. Most people think of financial health as a state of being. To me, it’s about a conscious journey toward stability….
#FinHealthMatters: Betsy Mikel
How a rejection letter and a plate of red velvet cupcakes led me to understanding how #FinHealthMatters. By Betsy Mikel Thank you for your interest in Northwestern University. After careful consideration of your application, I am sorry to inform you we are unable to offer you a place in the class of 2008.* The 18-year-old me…
Why Moments of Impact Matter
By Elizabeth Vivirito, Managing Director, Financial Health Network This month we’re introducing a series called “Moments of Impact.” At Financial Health Network we work hard to design our events, content, and experiences with impact at the center of our work. While we have seen notable strides from our members and in the marketplace, we recognize…
#FinHealthMatters: brokeGIRLrich
By Mel Bondar, brokeGIRLrich I am the world’s laziest runner. I kind of hate it. Sometimes it’s my legs that hate it. Sometimes it’s my lungs. Most of the time though, it’s my mind. My mind really hates running. My mind wants to be at home binge watching Pretty Little Liars and eating chocolate chip…
The first #FinHealthMatters Day: Deeply personal stories about financial health in America
In case you missed it, June 29 was the first-ever #FinHealthMatters Day. You might be wondering what that’s all about, maybe even why you should care. In a nutshell, it’s this: 57% of Americans — approximately 138 million adults — are struggling financially. If that doesn’t scare you, it should. The struggling majority aren’t who you think: While it’s…
Case Study: Learning Consumers’ Struggles By Walking in Their Shoes with USAID and U.S. Treasury Department
USAID and the U.S. Treasury Department hosted a FinX, an in-the-field opportunity that puts participants in consumers’ shoes and has them tackle the challenges they face head-on.
Case Study: Strengthening Ties with Communities: Nix Neighborhood Lending
Discover how Nix Neighborhood Lending has made a lasting impact on its customers in South Central Los Angeles by providing a variety of credit services to this vulnerable group.
Infographic: Lessons Learned in Successful Product Distribution
New research reveals just how much money financially underserved consumers spend on financial products and services. The latest data shows that in 2014, consumers spent $138 billion to simply manage their financial lives.
2014 Underserved Market Size: Financial Health Opportunity in Dollars and Cents
This report reveals that financially underserved American consumers spent $138 billion in fees and interest revenue in 2014, generated from a volume of $1.6 trillion in financial activity.