FYI: THE TYPICAL AMERICAN FAMILY is wealthier than three years ago. But there are also signs we’re playing faster and looser with our finances, with more folks taking on debt, abandoning homeownership and venturing into the stock market.
Those insights emerge from the Federal Reserve’s latest Survey of Consumer Finances. The survey is conducted every three years. Here are some results from the 2016 survey, which was just released:
Regards,
Ted
http://www.humbledollar.com/2017/10/where-we-stand/