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  • What Happens When Hospital Waiting Rooms Become Tax Prep Sites?

    Twenty percent of eligible families don’t take advantage of the Earned Income Tax Credit (EITC). Dr. Lucy Marcil and Dr. Michael Hole of Boston Medical Center hope to change this through StreetCred. Frustrated by the financial worries facing their patients, they established the program in 2015 to help make tax services more accessible. “Our primary…

  • Closing the Gender Pay Gap—Before 2059

      Despite significant progress on women’s wealth and equal pay, challenges remain. And while the wage gap has begun to narrow substantially, it is closing more slowly now than before. At the current rate of progress, the Institute for Women’s Policy Research projects that it won’t close until 2059. In honor of Women’s History Month,…

  • VITA is Vital Help for Millions of Taxpayers

    (by Rebecca Thompson, Project Director, Taxpayer Opportunity at CFED) VITA helps millions of low-income Americans to have their taxes done each year at an accuracy rate of 94%. The programs ensure that taxpayers claim all the credits they are entitled to (like the Earned Income Tax Credit and Child Tax Credit). With all VITA has to…

  • The Power of Paradox to Build Financial Well-Being

    (by Laura Choi, Federal Reserve Bank of San Francisco) Efforts to affect systems-level change to improve financial well-being for families and communities must stay grounded in the simple principles of trust, hope and a belief in the productive capacity and strength of every person—or they are bound to fail. In the latest post in a…

  • Race, Place and the Financial Future of St. Louis

    (by Sean Luechtefeld, CFED) Photo by Paul Sableman. “I do not wish to minimize the complexity of the problems that need to be faced in achieving disarmament and peace. But I think it is a fact that we shall not have the will, the courage and the insight to deal with such matters unless in…

  • Want People to Make Better Financial Choices? Give Them Better Financial Choices

    (by Kate Griffin, CFED) “The choices people make are the choices people have.” I’ve been on a search to understand how the health field approaches behavior change, to find lessons for our financial work. In reading the remarkable story of Louisville, KY — and especially the personal story of Steve Tarver, CEO of the Louisville YMCA — this remark struck me.…

  • 4 Opportunities for Closing the Wealth Gap

    (by Lee Davenport and Sean Luechtefeld, CFED) Last month, the Federal Reserve Banks of New York and San Francisco, along with CFED and Citi Foundation, convened a diverse range of national and regional leaders in New York to discuss a new book, What It’s Worth: Strengthening the Financial Future of Communities, Families and the Nation.…

  • Announcing the Book Club in a Box

    Interested in holding discussion group about financial health and well-being to explore solutions in your community? When Prosperity Now (formerly CFED), the Federal Reserve Bank of San Francisco and Citi Foundation were dreaming up What It’s Worth: Strengthening the Financial Future of Families, Communities and the Nation, we did so with a commitment to ensuring…

  • Webinar: What It’s Worth “Book Club” | July 19, 2016

    On Tuesday, July 19 from 3-4 pm EDT, join CFED and the Assets & Opportunity Network for an online conversation about the new “Book Club in a Box” and other opportunities to spread the message of financial health and well-being in your community.

  • As Chicago Proves, Student Debt Isn’t Necessarily Good Debt

    (by Lee Davenport and Sean Luechtefeld, Prosperity Now) “On June 7, the Federal Reserve Banks of Chicago and San Francisco, Prosperity Now (formerly CFED) and Citi Foundation convened 120 civil rights, youth empowerment and community economic development leaders in Chicago to discuss What It’s Worth: Strengthening the Financial Future of Communities, Families and the Nation. The…