Discover financial empowerment resources
Discover financial empowerment resources
Credit is an essential ingredient for economic security and mobility. Without a high credit score and affordable, available capital, it is nearly impossible to get by financially, let alone get ahead. Our economic system, and the American Dream it is supposed to feed, is based on the belief that...
Ontario has just become the first province to open its legal gambling market to private internet gaming providers. As of April 4, 2022, Ontarians can play casino-style games online and place bets on sports, including single games, through sites regulated by iGaming Ontario. According to the...
This study analyzes the effect of individual finances (specifically creditworthiness and severely delinquent debt) on mortality risk. A large (approximately 170,000 individuals) subsample of a quarterly panel data set of individual credit reports is utilized in an instrumental variables design....
The authors developed and experimentally evaluated four novel educational programs delivered online: an informational brochure, a visual interactive tool, a written narrative, and a video narrative. The programs were designed to inform people about risk diversification an essential concept for...
Millions of American families have few, if any, financial assets. The financial insecurity of households of color is even more severe: two out of three such households do not have enough savings to cover even a short-term disruption to their income. With more than half a trillion dollars in tax...
This report analyzes the Canadian experience with education savings programs, as the US moves towards more comprehensive Children's Savings Account...
In this issue brief, we explain what informal finance is and how informal savings and borrowing tools are used; some reasons why people use such informal tools; the benefits, costs and limits of informal finance; and the implications of these findings for financial services providers and...
In this paper it is suggested that Children’s Savings Accounts (CSAs) are an investment that may embody the meritocratic values that Americans have for so long professed, values that demand that effort and ability decide why one person succeeds and another fails. More specifically, it is...
Reimagining financial aid to include asset accumulation for those currently disadvantaged has the potential to meet one of our most critical challenges: equipping enough students to succeed in college education to power future societal economic prosperity, at a cost individual students and our...