Financial Diaries (eBook)

How American Families Cope in a World of Uncertainty

Jonathan Morduch, Rachel Schneider (Autoren)

eBook Download: EPUB

2017
248 Seiten
Princeton University Press (Verlag)
978-1-4008-8459-9 (ISBN)

Infos

What the financial diaries of working-class families reveal about economic stresses, why they happen, and what policies might reduce themDeep 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 Financial Diaries, Jonathan Morduch and Rachel Schneider draw on the groundbreaking U.S. Financial Diaries, which follow 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 unparalleled inside look at the economic stresses of today's families and offers powerful, fresh ideas for solving them.

Autor

Jonathan Morduch is professor of public policy and economics at the New York University Wagner Graduate School of Public Service. He is the coauthor of Portfolios of the Poor (Princeton) and other books. Rachel Schneider is senior vice president at the Center for Financial Services Innovation, an organization dedicated to improving the financial health of Americans.

Produkt-Details

• Zusatzinfo: 14 line illus.
• Verlagsort: Princeton
• Sprache: englisch
• Themenwelt: Sachbuch/Ratgeber ► Beruf / Finanzen / Recht / Wirtschaft ► Geld / Bank / Börse
• Themenwelt: Sachbuch/Ratgeber ► Gesundheit / Leben / Psychologie ► Lebenshilfe / Lebensführung
• Themenwelt: Sozialwissenschaften ► Pädagogik ► Sozialpädagogik
• Themenwelt: Sozialwissenschaften ► Soziologie
• Themenwelt: Wirtschaft ► Allgemeines / Lexika
• Schlagworte: African Americans • americans • asset • Bank account • Bankruptcy • Budget • Cash Flow • consumer • Consumer Financial Protection Bureau • Consumer Protection • Consumption (Economics) • credit card • Credit (finance) • credit history • Creditor • credit risk • credit score • Credit union • culture of poverty • Customer • debt • down payment • Economic Security • economist • Employment • eviction • Expense • Federal Deposit Insurance Corporation • Finance • financial adviser • Financial goal • Financial institution • financial literacy • Financial Services • Financial transaction • Finding • Ford Foundation • grocery store • Household • Household income • Incentive • income • Individual Development Account • Insolvency • insurance • Interest Rate • Investment • invoice • Jacob Hacker • Job Security • Jonathan Morduch • Late fee • market liquidity • Median income • middle class • month • mortgage loan • Omidyar Network • Panel Study of Income Dynamics • Part-time contract • Patient Protection and Affordable Care Act • Paycheck • payday loan • Payment • Pension • percentage • Poverty • poverty in the United States • poverty threshold • private sector • Profit (economics) • receipt • repayment • Requirement • Retail • Retirement • saving • savings account • Security (finance) • Sendhil Mullainathan • Sharing • Stock Market • student loan • Subsidy • Tax • Taxpayer • tax refund • Temporary Assistance for Needy Families • The Pew Charitable Trusts • Trade-off • Uncertainty • Underwriting • Unemployment • Viviana Zelizer • Voucher • wage • Wealth • welfare • Workforce • year
• ISBN-10: 1-4008-8459-4 / 1400884594
• ISBN-13: 978-1-4008-8459-9 / 9781400884599