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Tag Archives: finances

FAMILY FINANCES

How much money could the typical household access within 30 days to cover the cost of a financial shock? According to the Survey of American Family Finances, the median household could get its hands on just $3,000 within 30 days.

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FEELING BETTER FINANCIALLY

36% of Americans aged 18 or older think their financial situation is improving, according to the 2014 General Social Survey. This figure is higher than it was in 2010, when only 25% felt things were getting better.

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FARM FINANCES

Banker surveys by the Federal Reserve Banks in Kansas City, Chicago, and St. Louis all show deteriorating farm credit conditions around the Midwest.  Kansas City is the most pessimistic among the banks, reporting a significant decline in credit conditions during the third quarter of 2015. St. Louis and Chicago appear more sanguine.

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RETIREE DEBT

9% of the nation’s retirees say debt is a major problem for them, and another 22% say it’s a minor problem. Top debts are credit cards and mortgage.

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