Extract of sample "Money and consumer behavior"
Download file to see previous pages The duo’s study unraveled that a sure shot predictor of people likely to go bankrupt, were people with children. The typical middle class American family was far more insecure financially than a middle class family was over three decades ago. It was also more vulnerable to one parent getting laid off, and when that happened, the effort to keep the children in good school districts saw many parents drive to bankruptcy courts more often than to the lavish malls. This got compounded by mortgage costs that increased 70 times as compared to a man’s wages over a span of one generation. Gone were the days when a one-income middle class family could be home owners. Today’s families need both incomes to make the basic payments like mortgage, health insurance, education and day care costs.
Money and Consumer Behavior Essay Example | Topics and Well Written Essays - 500 Words - 1. https://studentshare.org/miscellaneous/1544963-money-and-consumer-behavior.
“Money and Consumer Behavior Essay Example | Topics and Well Written Essays - 500 Words - 1”, n.d. https://studentshare.org/miscellaneous/1544963-money-and-consumer-behavior.
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