Article
Article

Here is the ‘true state’ of Americans’ financial lives

November 5, 2018

The finances of Americans may not be as good as they look from the outside.

Despite optimistic metrics like a nine-year-long bullish, if volatile, stock market, low unemployment levels, and consumer confidence levels nearing record highs, millions of Americans continue to struggle, a study released Thursday from financial consultancy nonprofit the Center for Financial Services Innovation (CFSI) found.

Only 28% of Americans are considered “financially healthy,” according to a CFSI survey of more than 5,000 Americans. “Financial health enables family stability, education, and upward mobility, not just for individuals today but across future generations,” the CFSI says. “Many are dealing with an unhealthy amount of debt, irregular income, and sporadic savings habits.”

Read full article here.

 

 

BACK TO NEWSROOM
It looks like there's some information missing
By clicking, you agree to the Terms and Conditions

Article

Inside the Omidyar Network, New Thinking About a Changed World

Omidyar Network managing partner Mike Kubzansky spoke with David Callahan of Inside Philanthropy about the firm's new approach and revised strategy.

READ ON

Article

Big Ideas for Little Learners from the SXSW EDU Community

Ashley Beckner, venture partner for US Education at Omidyar Network, connects the dots between our recent early childhood trend report, Big Ideas, Little Learners, and this year’s sessions at SXSW EDU.

READ ON

Article

Omidyar Network Shares Privacy Day Predications for 2019

Subhashish Bhadra, investment principal, shares a privacy trend he's tracking as well as one prediction for 2019.

READ ON