Blog

Many people fall behind because they can’t afford to make monthly debt payments on top of their daily living expenses. You’re not alone. Here are some steps to help you get a handle on debt.

Our new interactive Financial Well-Being tool lets you see your financial well-being score—that is, how well your money situation provides you with financial security and freedom of choice.

We are launching a research pilot in collaboration with Credit Karma to improve understanding of consumer financial well-being.

When catastrophe hits, your world is turned upside down. Once your most urgent needs are addressed, these are steps you can take to make sure your home and finances are secure.

As we observe the 27th anniversary of the Americans with Disabilities Act, we are announcing a new financial empowerment tool for people with disabilities. Our companion guide contains information and tips based on insights from people with disabilities and organizations that serve the disability community.

If you work directly with people who are living paycheck to paycheck, tax time is a good opportunity to encourage saving.

As financial coaching programs continue to develop across the country, the CFPB continues to work with partners to advance the field and ultimately help people reach their financial goals and improve their lives. 

When bills are piling up, it’s important to remember that you’re still in control. While you are ultimately responsible for paying all of your bills on time, there are things you can do if you fall short one month and don’t have enough money to cover everything.

We want to raise awareness on ways you can help people in your community become credit visible in a positive way.

When you work with people to help them achieve their financial goals—and their life goals—it helps to feel confident in your approach. These five principles can help guide you.

More than 31 million people will reach retirement age in the next 20 years. Because most people keep their retirement savings in accounts they manage themselves, like IRAs and 401(k)s, they face a range of complex and important decisions.

The CFPB has identified a core set of five financial outcomes for financial empowerment and capability programs to provide common outcomes across a variety of different programs

Making and sticking to a budget can be challenging. Finding ways to keep track of your spending can help you meet your financial goals.

Saving during tax time can help you be prepared for financial emergencies and begin to plan for the future.

If you’re trying to cut down your credit card debt, research shows it can help to keep a short guideline in mind.

In 2015, the Consumer Financial Protection Bureau published a report finding that 26 million Americans are “credit invisible.” We’ve broken down the report to capture its most compelling findings, alongside action items to help those who are new to credit or those looking to rebuild.

Many new financial innovations rely on people choosing to give a company access to their digital financial records held by another company. If you’re using these kinds of services, we’d love to hear from you. Make your voice heard.

The Office of Financial Empowerment is requesting Letters of Interest from organizations who wish to join the 2017 Your Money, Your Goals cohort.

Financial coaching can help consumers achieve their financial goals.  It’s a strategy that financial educators can implement with the people they serve.  Read more about our two briefs: “Financial Coaching: A Strategy to Improve Financial Well-Being” and “Implementing Financial Coaching: Implications for Practitioners.”

Look out for these five red flag examples when offered credit repair services.  

We have some ways for you to channel your inner financial action hero and be prepared, no matter what the disaster.

We’ve released a new report on our findings for how young people can acquire three building blocks of financial capability which include: executive function, financial habits and norms, and financial knowledge and decision-making skills. Read on to find strategies for educators, policymakers, and parents.

The Office of Financial Empowerment announces 30 new partners selected to participate in Your Money, Your Goals training and expand the reach of financial empowerment tools and information to low-income consumers. The national launch report, released today, outlines the initial success of the Your Money, Your Goals initiative.

Having access to a vehicle can be a lifeline for you and your family if you have limited resources. Before choosing an auto loan, learn four ways you can protect yourself from an auto loan you can’t afford.

There are many in the criminal justice system who may be at risk of identity theft and other consumer financial fraud. Our new fraud protection tip sheet can help.