Too many families believe they can’t move past financial struggles. We must shift this mindset. Here’s how.

By Brandee McHale, President, Citi Foundation I consider myself fortunate to do what I do: crafting and executing the Citi Foundation’s philanthropic strategy to support the economic needs of low-income communities. I get to look out and see how we can help make our cities better and more inclusive. This requires having a clear view…

American Families Are Trapped in a Cycle of Financial Struggle — And It’s Not Just the Poor

  A car repair, a medical bill, a sick family member, a tax bill, a leak. All of these could easily cost $2,000, and for more than a third of U.S. households, they represent an insurmountable challenge. A growing number of families are trapped in a cycle of financial struggle, and it’s not just the…

How Can We Cure What Ails American Family Finances?

This post by Andrea Levere originally appeared on HuffPost Business There’s nothing simple about being a consumer of financial services these days. We’re bombarded daily by tempting credit offers while living in a reality where a single unpaid bill can torpedo one’s credit score. Bank closings and mergers have left many lower-income neighborhoods without a…

Meet the Thrivers and Strugglers of America

When it comes to financial health, when you are born and enter the job market, the wealth of your parents, race and ethnicity, and your opportunities for education can determine whether you become a “thriver” or a “struggler.” Watch the video to learn how we can help more families in America thrive.

Financial Health and Well-Being: A Primer

There’s a lot of talk these days about wages and opportunity and whether the American Dream is more like a pipe dream. We hear that a growing proportion of the nation is struggling financially, but it’s hard to know exactly who is affected, and why. Most of us need a better understanding of what financial…