2008 record      


Stress from personal finances this month dropped to a record low as Americans saw improved income and job prospects, a study of American adults found.

The Investor's Business Daily/TIPP Financial-Related Stress Index declined by 4.2 points, or 5.1 percent, this month to a reading of 47.4, the lowest in the nearly 11-year history of the measure, according to a statement.

August marks the second time this year that financial stress levels have reached an all-time low, with the previous instance occurring in May, when the Index dropped to 49.9. Further, our stress indicator has fallen 13% over the past year, as more Americans begin to feel in their own lives the effects of a resurging economy, particularly in the form of higher wages.

Please click here to read the original article in Newsmax.

Submit to DeliciousSubmit to DiggSubmit to FacebookSubmit to Google PlusSubmit to StumbleuponSubmit to TechnoratiSubmit to TwitterSubmit to LinkedIn