All In Report Cover

All In: Building the Path to Global Prosperity through Financial Capability and Inclusion

Research funded by JPMorgan Chase & Co.

Center researchers team with JPMorgan Chase & Co. on a white paper that examines why financial insecurity is a problem not limited to individual households, but also has consequences for employers, taxpayers and the economy.

Overview

The center teams with JPMorgan Chase & Co. on a white paper that describes why helping economically fragile consumers better manage their finances is critical not only for individuals, but also employers, taxpayers and the economy.

A staggering 56 percent of all Americans lack an emergency fund. Even a minor financial setback can put the financial stability of more than half the families in this country at risk.

But research also shows that even households with modest incomes can manage their finances more successfully when given the right information and financial products at the right time, delivered in the right form.

The white paper, All In: Building the Path to Global Prosperity through Financial Capability and Inclusion, was released in connection with JPMorgan Chase’s announcement of a new $30 million, five-year initiative to improve financial capability. It explains how financial capability combines well-designed products and relevant information with insights from design, technology and behavioral economics to promote positive financial behavior

 

 

The UNC Center for Community Capital conducts research and policy analysis on ways to make financial services work better for more people and communities.

 

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