American Families Are Facing A Personal Money Crisis!
|
· Increasing family debt rate contributes to increasing negative savings rate |
· Educational institutions fail to teach personal finance and fiscal discipline |
|
· 40% divorce rate, driven predominantly by financial stress |
· Jobs devalued amidst increasing cost of living; less earnings per family |
|
· Middle Class experiences declining wealth distribution |
· Increasing rate of blended families and single parent households challenge family finances |