Sunday 19 March 2017

Taking poor decisions in purchasing and investment.

Some American households are still feeling the sting of the recession. According to the Federal Reserve survey, "60% of respondents reported that their families were either 'doing okay' or 'living comfortably' financially; almost 1/4th of them said that they were 'just getting by' financially and another 13% said they were struggling to do so."
People who no longer feel the impact of the economic downturn still have to face the results of making their own decision. A large portion of the survey respondents (46% of men and 26% of women) acknowledge the impact of their financial decisions and say they would prefer to work towards making great investment or purchasing decisions.