More than half of U.S. families in 'asset-poverty'
(STUDYFINDS) — Many Americans claim they simply don’t earn enough money to build any type of savings account or amass any meaningful financial assets. Now, a troubling study out of Oregon State University finds some definite statistical truth to these sentiments, concluding that over 63% of American children and 55% of Americans live in “asset […]
The post More than half of U.S. families in 'asset-poverty' appeared first on WND.
(STUDYFINDS) — Many Americans claim they simply don’t earn enough money to build any type of savings account or amass any meaningful financial assets. Now, a troubling study out of Oregon State University finds some definite statistical truth to these sentiments, concluding that over 63% of American children and 55% of Americans live in “asset poverty.”
Perhaps the most troubling aspect of the study is the authors’ assertion that ultimately, American children are the ones being hit the hardest by their families’ financial situations.
The post More than half of U.S. families in 'asset-poverty' appeared first on WND.