How does personal finance affect the economy?
how would personal finance on a personal level affect the US economy?
Finance best answer:
Answer by David V
People with bad personal finances are not able to make as many purchases, spend as much money, or save as much money. They get in debt, default on loans, and generally have a harder time managing money. They often do not save enough for retirement.
Bad personal finance is bad for the economy overall.
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Your Career, Your Finances & You
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