This report provides an overview of the 2017 Financial Coaching Symposium, including lessons learned and next steps for the field to consider.
Research and reports
We study how consumers interact with financial products and services to help identify potential problems in the marketplace and achieve better outcomes for all. Review our reports and analyses to help inform your decisions, policies, and practices. And, see reports that we periodically prepare about the CFPB.
Financial Well-being of Older Americans
This report uses data from the National Financial
Well-Being Survey to examine the distribution of financial well-being scores
for adults ages 62 and older.
There is no single right way to help adults improve financial decision-making, just as there is no single right way everyone should conduct their financial lives. This report, reflecting research and input from the field, presents five principles for effective financial education.
This technical report describes the development and scoring procedures of the CFPB Financial Well-Being Scale.
This report provides a recommended core set of five financial outcomes for programs to track. The purpose is to assist the field of financial capability and empowerment in creating some commonality in outcomes to measure across a variety of different programs.
The CFPB researched the childhood origins of financial capability and well-being to identify those roots and to find promising practices and strategies to support their development.
The 2016 Financial Literacy Annual Report is a statutorily mandated report to Congress on the Bureau’s activities and strategy to improve the financial capability and well-being of consumers.
These two reports summarize the findings of a rigorous evaluation of financial coaching and discuss the implications for financial education practitioners.
The CFPB released the results of a Project Catalyst research project finding that offering a small incentive to prepaid card users to put some of their money into a savings wallet doubled uptake of the wallet. The study also found that the consumers who chose to save using the wallet continued to save after the pilot ended.
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.