Household financial health is in decline, with a “rapid deterioration” in financial health for some key groups, according to a new report issued Wednesday by the federal consumer financial protection agency. In its 2022 Making […]
The national rate of households that lacked a bank or credit union account fell 0.9 percentage points to 4.5%, or 5.9 million households, from 2019 to 2021 – the lowest unbanked rate since the 2009 […]
Older adults who save money and engage in day-to-day money management – as well as those who set financial goals, consult a budget and prepare action plans — have greater financial well-being than those who […]
A survey form to be used next year to measure and track economic inclusion among U.S. households is being reviewed by the Federal Deposit Insurance Corp. (FDIC), which is accepting comments on the survey and […]
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