Jun 11, 2015 by Eldar Shafir
Like many of us, I’m lucky enough to be able to manage my daily life while devoting just a sliver of my mind to looking after my personal finances. But for lower-income American households, navigating continuously challenging financial situations takes up a significant portion of their time, attention, and cognitive resources. Since we are all … Read more.
Feb 23, 2015
In April 2015 the UK Government will introduce big changes to the rules surrounding how people can access their pension pots. The changes are complex, but the overall effect will be to give pension holders much more flexibility to spend or invest their savings as they choose when they reach 55. With this increased freedom … Read more.
Sep 5, 2014
Approximately 70 million American adults are considered unbanked or underbanked, and are forced to manage their money through costly alternative financial services that operate outside of the traditional banking system. These services, such as check-cashers and payday loans, impose large fees that often accumulate over time, which can trap consumers in cyclical and deepening debt. An alarming … Read more.
Aug 19, 2014
Whether you’re writing a check to your landlord, swiping your credit card at the checkout counter, or diverting a portion of your paycheck into a 401(k), it’s likely that a financial institution plays an important role in your daily life. Yet the same cannot be said for all Americans: more than one in four households … Read more.
Dec 19, 2013
Why would anyone choose not to go to college? According to the US Census Bureau, college graduates earn almost twice as much as those with only a high school diploma over the course of their lifetime, and are significantly more likely to be employed. But the reality is that not everyone finds it easy to make the most … Read more.
Oct 3, 2013
ideas42 and its partners, the Doorways to Dreams (D2D) Fund, the Center for Financial Services Innovation (CFSI), and the Corporation for Enterprise Development (CFED), are excited to announce a call for prototyping partners on the CFPB Innovations Project. The project seeks to develop and test prototypes of new approaches for helping consumers overcome common decision-making … Read more.
Jul 25, 2013
ideas42 recently hosted a webinar about our Request for Problems in postsecondary education. The RFP process is the first step towards a great opportunity to partner with ideas42 in solving behavioral problems in the postsecondary space. For the recording of the webinar and a list of frequently asked questions, please see below. PSE Webinar FAQ