It’s tax time again.  While it may not be everyone’s favorite time of the year, for millions of Americans it also means refund time.  And, with tax reform now at the top of the national agenda, it’s also worth remembering that the annual tax filing ritual has tremendous potential benefits. In fact, direct citizen engagement…

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The Asset Learning Conference Recap: How Tax Time Can Build Financial Security

At first glance, it may seem that the ideas of paying taxes and helping people build financial security are at odds with each other. And that Internal Revenue Service Commissioner John Koskinen would be an unlikely headliner at the Corporation for Enterprise Development’s biennial Assets Learning Conference. Those perceptions would be wrong. Speaking during the…

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After a multi-year decline in the personal savings rate, economists now say the average American household is on track to set aside more than five percent of their annual income. For many households, an increase in personal savings means a greater ability to pay for college educations, start a small business, cover personal emergencies or…

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As someone who thinks everyday about building and nurturing consumer financial health through my work with Mint, I was thrilled to talk about innovation at scale at The Center for Financial Services Innovation’s (CFSI) Emerge 2016 Forum. Emerge is a leading annual conference for those in the financial services and technology space working to innovate…

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Bank Account Ownership and Financial Wellness

According to a new study from The Center for Social Development at Washington University, many low-income households move in and out of using mainstream financial services, and on average, those with bank accounts are more financially secure than those who are unbanked. Unbanked is the common term used to describe households lacking both a checking…

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“Financial health and well-being is about pursuing dreams and reducing stress. The products and tools individuals use daily and their choices and decisions either help or hinder them in their quest.” This excerpt from What’s It Worth? Strengthening the Financial Future of Families, Communities, and the Nation comes from the essay written by Jennifer Tescher…

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As more Americans in the middle class lost financial ground in 2015, they’re also more financially mindful and plan to make financial resolutions in 2016 given rising interest rates and the financial volatility in 2015. Saving more, spending less, paying down debt – and especially managing their growing burden of health care costs – will…

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U.S. consumers have gone frugal in shopping for consumer goods, a behavior changed by the Great Recession of 2008. This post-recession shopper is also morphing into a frugal healthcare consumer. Being frugal in healthcare is tricky though, and too many people aren’t taking advantage of one of the most useful tools for managing health care…

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Financial literacy and shopping for health care

With more financial skin in the health care game, and fewer uninsured citizens, too many Americans self-ration health care while trying to “save money” and avoid paying down deductibles that are the centerpiece of their health plans. This is a short-term fiscal choice that can lead to huge future financial and physical costs. In November…

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