Please join the Center for Financial Security for our upcoming webinar on February 27, 2018 where we will unveil findings from a new study examining how viewing one’s FICO Score shapes financial behavior. Researchers Rourke O’Brien, Abby Sussman, and Tatiana Homonoffwill present findings from a multi-year randomized control trial (RCT) with over 400,000 Sallie Mae student loan borrowers designed to test the impact of viewing one’s FICO Score on a range of financial outcomes including repayment behavior. The researchers will be joined by discussants from Prosperity Now and the Aspen Institute who will offer insight into how the study’s findings may impact policy and programmatic efforts to improve financial decision-making and consumer financial well-being.
The Center for Financial Security hosted a webinar on October 10, 2017 to highlight background, methodology, and findings from the International Rescue Committee’s recent study on financial capability for refugees, Financial Capability for New Americans: Lessons from Early Interventions with Refugees. Expert discussants provided information on current refugee resettlement processes and insights into financial capability challenges faced by refugees making their home in the United States.
Fall 2017 Presenters:
Rourke O’Brien – Does Viewing FICO Scores Change Financial Behavior? Evidence from a Field Experiment (September 21, 2017)
Emilia Tjernström – Media and Motivation: The Effect of Performance Pay on Writers (September 28, 2017)
Event – FinTech: Innovations for Family Financial Security (October 5, 2017)
Jaime Luque – Cross-border Mortgage Lending in the European Sovereign Debt Crisis (October 12, 2017)
Lindsay Jacobs – Estimating Retirement Preparedness Using the Survey of Consumer Finances (October 19, 2017)
Erik Hembre – What are the Roles of Mortgages in Retirement? (October 26, 2017)
Madelaine L’Esperance – The Effects of Banks in Schools on Elementary Student’s Financial Learning, Attitudes about Banks and Savings: A Field Study (November 9, 2017)
Tansel Yilmazer – Late-life Disability, Homeownership, Wealth and Mortality (November 16, 2017)
Cliff Robb – Student Loans and Life Cycle Decisions (November 30, 2017)
J. Michael Collins – Financial Well Being Over the Life Course: Exploring a New Measure (December 7, 2017)
Spring 2017 Speaker Calendar:
John Mullahy – Analyzing Food Insecurity, Multiple Deprivation, and Related Financial Security Outcomes (February 2, 2017)
Dee Warmath – How Am I Doing?: Financial Well-Being, Its Potential Antecedents, and its Relation to Psychological / Emotional Well-Being (February 9, 2017)
Dominik Piehlmaier – From Preschool to Wall Street: The Development of Overconfidence (February 23, 2017)
David Elster – Barking Up the Wrong Tree: Revealing the Limitations of Financial Education through a Randomized Controlled Trial (March 2, 2017)
Eric Grodsky & Jayme Pyne – Looking for Debt in all the Wrong Places: The Increasing Role of Graduate Student Borrowing (March 9, 2017)
Olga Kondratjeva– Borrowing Sources, Purposes and Household Well-Being: Evidence from Nepal (March 30, 2017)
Emily Gallagher – The Effects of Health Insurance on Home Payment Delinquency: Evidence from the ACA Marketplace Subsidies (April 6, 2017)
Olivia Mitchell – Putting the Pension Back in 401(k) Plans: Optimal versus Default Longevity Income Annuities (April 7, 2017 – 12-1:20pm in Grainger)
Anita Mukherjee – The Moral Hazard of Lifesaving Innovations: Naloxone Access, Opioid Abuse, and Crime (April 13, 2017)
Michael Collins – Household Finance and Health: Preliminary Analysis to Design a Therapy Adherence Intervention Using Financial Coaching(April 20, 2016)
Amrita Kulka – Bulk Purchases and Consumption Smoothing: Using Tax Policy Changes to Estimate Saving for the Future by Buying Ahead (April 27, 2017)
Benjamin Keys – Eyes Wide Shut? Mortgage Insurance During the Housing Boom (Friday, May 5, 2017) *Please note this seminar is being sponsored by the Real Estate Department in the WI School of Business and will be held in Graaskamp 4440 at 10:30-12pm.
Fall 2016 Presenters:
Drew Anderson – Financial Aid for College (September 15, 2016)
Michael Collins – Evaluation of My Classroom Economy (September 22, 2016)
Justin Sydnor – Simplifying Health Insurance (September 29, 2016)
Rourke O’Brien – Disparate Impact? Race, Sex, and the Use of Credit Reports in Hiring (October 6, 2016)
Kegon Tan – Social Security Notch (October 13, 2016)
Kuan Liu – Time to Repay or Time to Delay? The Effect of Having More Time Before a Payday Loan is Due (October 27, 2016)
Carly Urban – Can Financial Education in High School Affect Aid Packages for College Freshmen? (November 10, 2016)
Sarada – Entrepreneurship and Wealth Mobility (November 17, 2016)
Cliff Robb – College Student Financial Behavior: A Social Cognitive Approach (December 1, 2016)
Madelaine L’esperance – Gender and the Division of Household Financial Management (December 8, 2016)
- Integrated Model Spotlight: Auto Loan Access Program, YWCA Southeast Wisconsin
- Financial Coaching Census 2016 Report Release
- The Center for Financial Security Proposes New “FINMed” Coaching Model for Healthcare Settings
- CFPB Releases Financial Coaching Symposium Report
- Upcoming Financial Coaching Training Opportunities
- Volunteer Financial Coaches Build Organizational Capacity and Help Individuals Take Control of Their Finances:
A Brief on Evaluating Volunteer Financial Coaching at Points of Light
- Resources and Outreach Opportunities from Prosperity Now and Cities for Financial Empowerment Fund
- Review You Can Use: Coaching Psychology Manual
Financial coaching is gaining recognition as a strategy that can improve financial capability and security.
Yet within this advancing field of practice, many questions remain.
What is the current size of the field?
How is financial coaching being implemented?
What is needed to support more effective implementation?
After months of analyzing responses, The Center for Financial Security (CFS) and Asset Funders Network (AFN) are ready to share the findings from the 2016 Census.
Recorded webinar to be uploaded shortly