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The Financial Diaries: How American Families Cope in a World of Uncertainty

Jonathan Morduch, Rachel Schneider




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 | #15059 in Books |  PRINCETON |  2017-04-04 | Original language:English | PDF # 1 |  9.30 x1.00 x6.40l, | File type: PDF | 248 pages

 | PRINCETON

||16 of 16 people found the following review helpful.| The Rare Book that Contributes Something New to a Much Discussed Topic|By Aran Joseph Canes|The Financial Diaries is the rare kind of book that may possibly change how we think about, and respond to, poverty in America. Using a unique longitudinal dataset that tracked several hundred households' precise incomes and expenditures over one year, Morduch and Schneider reach an un| |"This sharp-eyed, sympathetic study . . . has a compelling new angle on the effects of long-term financial instability on working-class families. . . . This is a must-read for anyone interest in causes of--and potential solutions to--American poverty."--

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. 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.

In The...

You can specify the type of files you want, for your gadget.The Financial Diaries: How American Families Cope in a World of Uncertainty   |  Jonathan Morduch, Rachel Schneider. I have read it a couple of times and even shared with my family members. Really good. Couldnt put it down.

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