Income Planning
Income planning
“Since 2013, the Federal Reserve Board has conducted a survey to “monitor the financial and economic status of American consumers.” ... the answer to one question was astonishing. The Fed asked respondents how they would pay for a $400 emergency. The answer: 47 percent of respondents said that either they would cover the expense by borrowing or selling something, or they would not be able to come up with the $400 at all. Four hundred dollars! Who knew?”
Gabler, Neal. “The Secret Shame of Middle-Class Americans” The Atlantic, May 2016
Stuart Friedman has over three decades of experience in the income planning for individuals and companies. Talk to us, we can help.