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. Read Article >>
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
Since the last Pulse survey in August 2020, more people are struggling to afford healthcare, which may lead to long-term health consequences beyond those created directly by COVID-19.
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 […]
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 […]
By Marisa Walster, Senior Director On January 26, global business leaders announced a commitment to the core Stakeholder Capitalism Metrics released by the World Economic Forum (WEF) and its International Business Council (IBC). This is just one example of a growing movement to put more teeth behind the idea of stakeholder capitalism — the notion…
Provided by Elevate Credit, this research discusses the trend of decreased household income for prime and non-prime folks alike since the pandemic began. With this trend continuing, this decrease is likely to manifest itself within holiday spending.
Provided by doxo, this research reveals that Americans spend $2.75 trillion annually – over one fifth (21%) of all U.S. consumer spending – across 11 primary bill payment categories.
Provided by doxo, this research examines consumers' reactions toward the $600 stimulus checks they received from the U.S. federal government in 2020.
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 >>
By: Thea Garon, Senior Director 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 –…
Achieving financial health impact doesn’t need to be a journey into the unknown. Learn how the Financial Health Network's FinHealth MAP can help guide your organization.