If The Average American Household Is A Millionaire With A Net Worth Of $1.06 Million, Why Do People Feel So Broke? monthlywealthstream
The Federal Reserve’s 2022 consumer finance survey unveils a striking picture of American prosperity. The mean net worth of the average household has ascended to $1.06 million, up 23% from $868,000 in 2019. This statistic, while impressive, masks a more nuanced and unequal economic landscape. Despite American households’ seemingly thriving financial status, the reality is […]