Financial Health Network’s Post

New insights on the financial health of foreign-born consumers. Are you offering any financial health products or services for this consumer segment?

Differences in household income and retirement account ownership can explain why foreign-born Latinx consumers felt less confident about meeting long-term financial goals than native-born Latinx consumers. Discover why in our latest Pulse Points Summer 2024 - Financial Health of Foreign-Born Consumers.

Serious conversations on financial literacy, entrepreneurship development and wealth building are needed within migrant communities to combat a worrying trend . Click below and read (3 mins).

"If we start by understanding how villagers and immigrants are carrying out their own financial inclusion and add our skills to monitor progress, facilitate the exchange of experiences, evaluate impact, mobilize resources, and link to other institutions, we can build on what the informal sector has achieved on its own. We will learn along the way." I am inspired by this article by Jeffrey Ashe on Impact Entrepreneur detailing the benefit of cultural "savings circles". It is a beautiful example of how we can learn from and support one another in our communities and strengthen financial habits by creating a shared support system. #financialinclusion #communityimpact #learnfromthecommunity https://lnkd.in/gHGrmHJE

Great reporting from CNBC and the always insightful and illustrious journalist, Robert Frank. As I stated previously, and our research with our proprietary global network of UHNW and HNW families and individuals confirms, there is nothing NORMAL about 2024. There are pluses and minuses in the global economy. In totality, however, there are more major existential risks today than in recent times for all people across the world. The wealthy are just as vulnerable, sometimes more so. We know many HNW and UHNW families that have created a Plan B and C in their lives, just in case. Even in free America and Western Europe. In other parts of the world there are many displaced families due to the rampant incidence of dangerous conflicts. Keep generating those great insights, Robert. We love your reporting.

When people speak about a strong economy, they must remember the role of immigrants. Immigration plays an indispensable role in the U.S. economy, one that is often underestimated. Immigrants make up 17% of the U.S. labor force, contributing to essential industries like healthcare, agriculture, and technology. What’s more, over 40% of Fortune 500 companies were founded by immigrants or their children, driving innovation and creating millions of jobs! With labor shortages affecting many sectors, immigrants are helping to fill critical workforce gaps, supporting businesses, and boosting local economies. In fact, immigrants represent around 21% of business owners in the United States, further highlighting their economic contributions. But it’s not just about numbers—it’s about the stories of individuals who start from scratch, build futures for their families, and contribute to the future of this country. Their positive impact is felt every day in every community. We honor and celebrate, on a daily basis, the immigrants how help grow and support this country! #ThursdayThoughts #ImmigrantImpact #USImmigration #TrowRahal

When people speak about a strong economy, they must remember the role of immigrants. Immigration plays an indispensable role in the U.S. economy, one that is often underestimated. Immigrants make up 17% of the U.S. labor force, contributing to essential industries like healthcare, agriculture, and technology. What’s more, over 40% of Fortune 500 companies were founded by immigrants or their children, driving innovation and creating millions of jobs! With labor shortages affecting many sectors, immigrants are helping to fill critical workforce gaps, supporting businesses, and boosting local economies. In fact, immigrants represent around 21% of business owners in the United States, further highlighting their economic contributions. But it’s not just about numbers—it’s about the stories of individuals who start from scratch, build futures for their families, and contribute to the future of this country. Their positive impact is felt every day in every community. We honor and celebrate, on a daily basis, the immigrants how help grow and support this country! #ThursdayThoughts #ImmigrantImpact #USImmigration #TrowRahal

When people speak about a strong economy, they must remember the role of immigrants. Immigration plays an indispensable role in the U.S. economy, one that is often underestimated. Immigrants make up 17% of the U.S. labor force, contributing to essential industries like healthcare, agriculture, and technology. What’s more, over 40% of Fortune 500 companies were founded by immigrants or their children, driving innovation and creating millions of jobs! With labor shortages affecting many sectors, immigrants are helping to fill critical workforce gaps, supporting businesses, and boosting local economies. In fact, immigrants represent around 21% of business owners in the United States, further highlighting their economic contributions. But it’s not just about numbers—it’s about the stories of individuals who start from scratch, build futures for their families, and contribute to the future of this country. Their positive impact is felt every day in every community. We honor and celebrate, on a daily basis, the immigrants how help grow and support this country! #ThursdayThoughts #ImmigrantImpact #USImmigration #TrowRahal

Did you know China is again on track to be the biggest millionaire loser globally, with an anticipated net exodus of 15,200 HNWIs this year? Discover more in the Henley Private Wealth Migration Report 2024, a compelling publication for followers of wealth and investment migration trends — whether global citizens, investors, wealth managers, or private bankers — with exclusive global and country millionaire migration statistics and insights, the world’s Top 10 wealthiest countries, and private wealth distribution and growth data. Read the full report here: https://lnkd.in/d47ucnqE #henleyprivatewealthmigrationreport #privatewealthmigration #henleypartners #henleyandpartners #henleyglobal

An important call to action which speaks to the contributions of immigrants and the benefits to our economy. "Given the U.S. is still experiencing a national labor shortage, it is more important than ever that we recognize citizenship can be an important retention tool. Immigrants already make up 19% of our workforce overall, and even if every American without a job filled an open position, there would still be nearly three million open roles. When immigrants come to the United States, they work at high rates and account for more than a third of the workforce in essential industries including construction, agriculture, health care, education and health services, and professional and business services." #immigrantheritagemonth #immigrantjustice #OnePercentforAmerica #