What the Financial diaries of working-class Families reveal about economic stresses, why they happen, and what policies might reduce them 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.
Combining hard facts with personal stories, The Financial Diaries presents an unparalleled inside look at the economic stresses of today\'s Families and offers powerful, fresh ideas for solving them..
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.
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.
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.
Financial Diaries, which follow the lives of 235 low- and middle-income Families as they navigate through a year.
In The Financial Diaries , Jonathan Morduch and Rachel Schneider draw on the groundbreaking U.
S.
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.
What the Financial diaries of working-class Families reveal about economic stresses, why they happen, and what policies might reduce them 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
