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Home Care Aides Receive Free Financial Counseling

Home care aides at the Bronx-based Cooperative Home Care Associates (CHCA) are able to receive free financial counseling, the result of a partnership between CHCA and Neighborhood Trust Financial Partners, an organization that provides financial supports to low-income New Yorkers. The Neighborhood Trust-CHCA [...]

Home Care Aides Receive Free Financial Counseling2023-04-11T08:19:32-04:00

Changing the Paradigm: Financial Capability

Check out this new video from the Center for Financial Services Innovation, exploring the question "what if we created tools to turn financial education into financial capability?" CFSI was founded with the goal of creating change in the financial services industry [...]

Changing the Paradigm: Financial Capability2023-04-11T08:14:55-04:00

Poor Americans Find Becoming ‘Banked’ a Daunting Quest

Some 17 million Americans don't have bank accounts, which makes everything from depositing paychecks to paying utility bills a hassle. Many aren't unbanked by choice. Some are stuck on bank "black lists" and don't know how to get off; others [...]

Poor Americans Find Becoming ‘Banked’ a Daunting Quest2023-04-11T08:14:28-04:00

Tax Preparers Targeting Poor with High Fees

In December, they begin showing up in empty storefronts in neighborhoods where empty storefronts are easy to come by. Cars with phone numbers brightly displayed on the doors roll down the streets, and signs pop up along the sidewalks promising [...]

Tax Preparers Targeting Poor with High Fees2023-04-11T08:13:00-04:00

Low-Wage Workers Are Finding Poverty Harder to Escape

New York Times, March 6 2014 At 7 in the morning, they are already lined up — poultry plant workers, housekeepers, discount store clerks — to ask for help paying their heating bills or feeding their families. And once Metropolitan [...]

Low-Wage Workers Are Finding Poverty Harder to Escape2023-04-11T08:12:32-04:00
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