The 2020 Trends Report explores how financial health in America has changed over the past year against the backdrop of the evolving COVID-19 pandemic.
Leveraging nationally representative survey results and new transactional data from the U.S. Financial Health Pulse, we find that more people in America were Financially Healthy as of August 2020 than they were in 2019. Building upon the foundation of a strong pre-pandemic economy, it appears that an array of stimulus policies, debt relief measures, economic shutdowns, and consumer behavior changes have temporarily blunted the worst effects of the economic crisis for many people.
Full content of the publication
Financial & Risk Literacy: Resilience in Times of Corona
Households have a great influence in the overall economy. If anything, the Covid-19 crisis is a brutal reminder of this ...Read more
Do interventions that improve financial capability work for people with low numeracy?
In May 2018 the results from the Financial Capability Lab (The Lab) were published. The Financial Capability Lab report ...Read more
Digital FinancialEducation and Literacy in the COVID-19 Context
One of the mandates conferred to the European Banking Authority (EBA), as an independent EU Authority set up to achieve ...Read more