Article: Why Does It Feel Like We’re Barely Staying Afloat as a Middle-Class Family?
Financial experts say many families are in a nasty cycle in which essential costs leave little room for savings, making it difficult to cover emergency expenses like an unexpected dental bill or car repair.
“When all your cash flow is already spoken for, anything else quickly becomes a crisis,” shares Jamie Bosse, CFP®, a financial planner at CGN Advisors and author of Money Boss Mom and Investing for Tweens.