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How to keep on top of your personal finances in a growing economy

June 14, 2018


The economy has shifted into high gear, with corporate profits surging, bankruptcies and foreclosures tumbling and the national unemployment rate easing to 3.8%, an 18-year low.

Americans have become more optimistic, but their personal finances don’t necessarily mirror the economy’s progress. The latest assessment of household financial health by the Federal Reserve shows “many signs of growth and improvement, along with remaining pockets of distress and fragility,” according to its May report.

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