Do you have $400 in case of emergency?
When USFed announced a study revealing that most American’s don’t have $400 in case of emergency, it changed the way that we th about the status of the middle class and the struggles that many people are having with their financial life.
In this episode of Breaking Banks, host Brett King talked to Rachel Schneider, SVP of Center of Financial Services Innovation, about her new book, The Financial Diaries: How American Families Cope in a World of Uncertainty. This book is based on the US Financial Diaries study conducted by CFSI and NYU Wagner Graduate School of Public Service.