The Neighbourhood Financial Health Index (NFHI) is a powerful new measure and visualization tool created to help municipalities, community organizations, and residents to explore the different dimensions and distribution of financial health in their community.
A collaboration between the CCSD and Prosper Canada, the NFHI enable users to see how well individual neighbourhoods are doing when it comes to household financial health. Going beyond income alone, the NFHI combines income, debt, and asset indicators to provides a more comprehensive and accurate picture of household financial health.
The accompanying NFHI Community Financial Health Maps enables users to see at a glance how financial health and vulnerability are distributed across their community and to explore the underlying drivers of financial health and vulnerability for individual neighbourhoods.
For more information, visit the NFHI website: www.nfhi.ca