Wealth Inequality and the Racial Wealth Gap: New study shows Cook County residents wealth disparity, and the problem is far worse for the Black and Latinx population
Cook County residents experience high financial stress at more than twice the national rate, a new study by Financial Health Network finds.
Episode 484: FinHealth: All About Fresh
In today’s episode we look at finhealth from a different angle. Listen as Jason Henrichs speaks with two leaders bringing financial health, financial services and healthcare, to the next level. MA-based, non-profit, About Fresh and its Co-Founder and CEO, Josh Trautwein and Jennifer Tescher, President and CEO, Financial Health Network and host of Provoke.fm‘s Emerge Everywhere.
Episode 482: The Great Transition & Lessons of History and Hope
The personalization of finance is here. Listen as Brett connects with Emmanuel Daniel about his book “The Great Transition” where Emmanual, founder of The Asian Banker and global thought leader in the future of finance, outlines the transition that the finance industry will go through from its platform stage today into the personalization of finance.
Cook County’s financial divide is a local example of how policies favor the rich
What happens during the budget standoff in Congress could determine whether it becomes harder for average Americans to build wealth and pay their bills.
Tyre Nichols protests continue, financial health, goodbye to Candace Parker
Tyre Nichols protests continue in Chicago. A new report shows that Black and Latinx residents are more financially vulnerable than white ones, even accounting for income similarities.
Financial disparities in Cook County are almost double national average, study finds
Black and Latino residents are three to four times more likely to be financially vulnerable than their white counterparts.
Cook County residents of color are more financially vulnerable, new report finds
In Cook County, residents of color are more likely to struggle paying for their basic needs, according to a new report by the Financial Health Network and The Chicago Community Trust.
What Women Need From the Banking Industry
Women are a critical customer segment for every bank or credit union, yet their specific needs are often overlooked by the banking industry. Two reports — from Bank of America and the Financial Health Network — illustrate what banks and credit unions can do better to meet women's financial needs.
Three trillion reasons to improve women’s financial health
It’s no secret that men and women have a financial gender gap. A new report from the Financial Health Network reveals that governments and businesses have almost three trillion reasons to close it.
‘I had to give up my career, in a sense’: With a potential recession looming, many women are financially vulnerable
Nearly three in 10 women said they were financially worse off than before the pandemic, according to a new survey.
New Financial Health Study Examines Deep Gender Gap in Financial Health with Men Nearly 50% More Likely to be Financially Healthy
Pandemic widened persistent financial health gap between men and women; Black and Latina women and low-income women fare the worst in new findings.
The Gender Gap in Financial Health
The Financial Health Network’s research has consistently shown a sizable gap in the financial health of men and women. Moreover, recent data found that while financial health improved overall for the country during the pandemic, the gap between men and women actually widened.