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Eighteen Percent of US Households Are Millionaires. Here is Why You Aren’t One of Them.

Every three years the US Federal Reserve conducts a survey of American’s finances.  This study, called the US Survey of Consumer Finances (SCR), is a representative picture of the wealth of America.  It details the assets and liabilities of participants in the studies, and also shows their income, demographic characteristics, and changes in American wealth […]