Book

The financial diaries : how American families cope in a world of uncertainty

Morduch, Jonathan, author, Schneider, Rachel, author

Overview

Deep within the American Dream lies the belief that hard work and steady saving will ensure a comfortable retirement and a better life for one's children. But in a nation experiencing unprecedented prosperity, even for many families who seem to be doing everything right, this ideal is still out of reach. Authors Jonathan Morduch and Rachel Schneider draw on the U.S. Financial Diaries, a project which follows the lives of 235 low- and middle-income families as they navigate through a year. Through the Diaries, Morduch and Schneider challenge popular assumptions about how Americans earn, spend, borrow, and save -- and they identify the true causes of distress and inequality for many working Americans. We meet real people, ranging from a casino dealer to a street vendor to a tax preparer, who open up their lives and illustrate a world of financial uncertainty in which even limited financial success requires imaginative -- and often costly -- coping strategies. Morduch and Schneider detail what families are doing to help themselves and describe new policies and technologies that will improve stability for those who need it most. Combining hard facts with personal stories, The Financial Diaries presents an inside look at the economic stresses of today's families and offers ideas for solving them.

• Publisher: Princeton University Press
• Subject: 2000-2099 / Finance, Personal United States. / Financial security United States. / Poor families United States. / Middle class families United States. / Families Finance, Personal. / Personal finance. / Economic history. / Finance, Personal. / Financial security. / Middle class families. / Poor families. / Haushalt / Familie / Mittelstand / Lebensstandard / Einkommensstatistik / Haushaltsèokonomie / United States Economic conditions 21st century. / United States. / USA
• ISBN: 9780691172989, 0691172986

Item info:

1 item available

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Holdings :

Call Number	Copies	Material	Location
HG179.M6196 2017	1	BOOK	BUSINESS