Track: CONSUMER VOICES Sponsored by Citi View Track
THE ROLE OF INFORMAL FINANCE IN THE ECONOMIC LIVES OF AMERICANS
Nancy Castillo, Manager, U.S. Financial Diaries, CFSI
Brandee McHale, Chief Operations Officer, CITI FOUNDATION
Timothy Ogden, Managing Director, Financial Access Initiative, NEW YORK UNIVERSITY
Rachel Schneider, Senior Vice President, CFSI
Fresh out of the field, the U.S. Financial Diaries research project brings you data on the multifaceted financial lives of more than 200 households tracked over the course of a year. Lead researchers will share their latest findings, revealing how households often cobble together institutional and informal financial tools needed to manage complex, often uncertain economic lives. Join CFSI for an in-depth look at how these families navigate the costs, benefits, and limits of of saving and borrowing through friends and family to meet their everyday financial needs and an exploration of how these strategies mesh with formal financial product use for American consumers.