Displaying all posts under the topic of US Financial Diaries
February 6, 2014
The Taylors overdraft their checking account every two weeks, on purpose.
January 28, 2014
“Wow, the consumer knows about that?”
November 6, 2013
As a field researcher collecting data for the US Financial Diaries project in Cincinnati, I interviewed 30 low-income families about the details of their household finances over 16 months. One question was always in my mind: What’s the difference between their financial lives and mine? And how might this comparison help design financial products for people who are struggling to make ends meet? One of the most important distinctions I identified was our vastly different abilities to save.
October 30, 2013
Buried at the bottom of Shaila Dewan's recent New York Times article on "Microcredit for Americans" is an idea that deserves much more attention:
October 21, 2013
The U.S. Financial Diaries is a research project tracking more than 200 low- and moderate-income households over the course of a year, collecting highly detailed data on household financial activity. New York University’s Financial Access Initiative (FAI), CFSI, and Bankable Frontier Associates (BFA) recently released the Household Profiles.
June 5, 2013
The US Financial Diaries (USFD) project–a partnership among New York University’s Financial Access Initiative (FAI), the Center for Financial Services Innovation (CFSI) and Bankable Frontier Associates (BFA) –was launched to examine the financial lives of more than 200 low- and moderate-income households.
January 25, 2013
Last November, the Consumer Financial Protection Bureau’s Office of Financial Empowerment hosted a conference on “Empowering Low-Income and Economically Vulnerable Consumers: Making the Case through Access, Data and Scale.” A key highlight of the conference was a breakout session about the incentives and obstacles to collecting data in the field.
November 26, 2012
We do our best (not always successfully) to keep up with new research relevant to finance, poverty and development. Today, I’ll be sharing highlights from some new papers by FAI affiliate Sendhil Mullainathan.
September 14, 2012
This is our late summer/back to school edition of Links We Like. Let us know if we missed anything critical over the summer!
September 12, 2012
The U.S. Census Bureau just released its annual report on income, poverty, and health insurance coverage. A lot of ink will be spilled over the finding that median income fell, inequality increased, but poverty rates held constant.