How Do Your Household Finances Measure Up?
The Federal Reserve Board released the latest Report on the Economic Well-Being of U.S. Households. The report presents contrasting views on financial well-being of U.S. families. “Sixty-nine percent of respondents said they are ‘living comfortably’ or ‘doing okay’.” While around 46 percent say they would have a hard time meeting emergency expenses of $400. [5/26/2016]