wealth equity

30
Jul
2024

Webinar Recap: Financial Equity Workshop: Strategies that Preserve Retirement, Prevent Debt Cycles, and Protect Employees

In an era where two-thirds of surveyed Americans report living paycheck to paycheck, families across America are facing greater financial pressure. Recent reports highlight that household debt reached $17.69 trillion in the first quarter of 2024, with housing now more unaffordable than it has been in nearly four decades.

Amidst these pressing conditions, one in four U.S. adults find themselves without emergency savings. Many are increasingly dependent on high-interest credit options. While this approach may provide temporary financial relief, it can pose a significant risk to long-term financial stability.

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Posted by Megan Lee in Employers, 1 comment
14
Jul
2021
[WHITEPAPER] The Path to Wealth Equity: What Employers Can Do

[WHITEPAPER] The Path to Wealth Equity: What Employers Can Do

The majority of Working Americans today are considered non-prime borrowers. This not only makes it difficult for them to access mainstream credit in times of financial hardship, but excludes them from access to a key driver of wealth creation – home equity.

Employers are uniquely positioned to help these employees improve their credit, access mainstream financial services, and build wealth, through innovative employee benefits programs like Kashable. In so doing, employers can enable their hard-working employees to climb the financial ladder and ultimately bridge the wealth gaps present in our society.

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Posted by Alex Wieser in Employers, 1 comment