Physical, mental, and financial health are deeply intertwined. Poor health in one area can lead to struggles in the others, creating a negative cycle. Prioritizing healthy habits and managing stress are key to breaking this cycle.
Financial education is the knowledge of how money works. Financial health is the actual state of your finances. Education is the tool, but financial health requires applying that knowledge, building good habits, and sometimes a bit of luck.
Financial inclusion, while vital, is just the first step. Accessing financial services alone won't guarantee well-being. To empower individuals, we need a shift towards financial health, tackling the root causes of financial struggles and building long-term economic resilience.
Financial health is the key to achieving many of the UN's Sustainable Development Goals. It fights poverty, improves health, supports education, and drives economic growth. By making financial well-being accessible to all, we create a more sustainable and just world.
Financial inclusion alone doesn't guarantee financial health. Poorly designed systems, inequality, and lack of opportunity prevent this. We work with leaders across sectors to create more effective, inclusive, and just systems. Our approach combines experience with evidence, adapting as we learn. We aim to fix the root causes of economic inequality and transform systems to benefit everyone.
We begin by defining the problem we aim to solve. This involves collaboration between stakeholders and researchers to identify priorities, analyze data, and craft a feasible research question.
We leverage data, economic analysis, and existing research alongside partners to diagnose the root causes of the identified problem.
We design evidence-based, economically sound innovations, incorporating monitoring and feedback systems with technology for data-driven improvement.
We identify problems and design evidence-based solutions, rigorously testing them for real-world feasibility. We use data to track progress and guide continuous improvement. Our method emphasizes large-scale scientific testing, including randomized controlled trials. We learn from each step, iteratively refining our designs to maximize impact.