Financial Well-Being

A new statewide program aims to help renters benefit from the value they add to the buildings they live in. Here’s how the program could work, and when it could begin.

What explains the large disparity in Black and white student debt, and what can we do to address the student debt crisis and close the racial wealth gap?

The financial industry has been one of the main perpetrators of racial discrimination. It should be obligated to serve all communities, particularly communities of color.

ProMedica and LISC team up to fund place-based investments in the hope of improving health outcomes for residents. How do they do it?

Seven percent of U.S. households, a group roughly the size of the population of Australia, were “unbanked” in 2015, meaning they have neither a checking nor savings account. This is the lowest unbanked rate recorded since the survey first launched in 2009

What local government can do to support new, more inclusive economic models.

The absence of bank branches and the proliferation of high-priced alternative lenders in the region only underscore the importance of access to affordable financial services.

In a world of growing financial complexity, predatory products, stagnating wages, and escalating inequality, financial insecurity is a dramatic problem. We gathered a group of leaders who are combating financial insecurity for a conversation on how it all relates.

What does it take to achieve financial security for the millions of American households without it? Clearly full employment, higher wages, and a more robust safety net would be some major components. But as important as those are, they aren’t the full picture. Assets are an important counterweight to income.

Reading What It’s Worth was like walking through one of the glorious Asset Learning Conferences that CFED organizes, equipped with a magical Harry Potter wand that allows me to stop and re-work time so I can peer into each workshop at my leisure.

A. Actually they do! However, they tend to be saving for the short term, rather than the long term.

Financial curricula for low-income households often focus on personal choices about budgeting and saving, but if they don’t also address systemic problems, exploitation, and discrimination, they aren’t speaking to their audience’s reality.