The Financial Diaries

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 wo ...

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 mid