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Allianz AG Holding
Money and 'modern' families

Katie Libbe of insurance company Allianz, which conducted the survey on the financial stability of families, may be an expert on consumer insights, but she is a questionable source for quotes. ("'Modern' families struggle more financially than conventional ones, study says," Business, May 21) Her statement that "new family structures have a direct impact on a family's relationship with money and finances" is silly, isn't it? Don't all family structures have a "direct impact" on a family's finances? And what is the difference between "nearly half of so-called modern families" living paycheck to paycheck and 41% of conventional households? Forty-one percent to what, 48% or 49%? Smoke and...

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