Financial satisfaction reaching all-time high

“The American Institute of CPAs reported Thursday that its quarterly Personal Financial Satisfaction Index reached an all-time high for the second quarter of the year, thanks to the record number of job openings and the strong stock market, and in spite of rising interest rates.

The PFSI measured 27.7, an all-time high for the index, representing a 0.7 point (2.6 percent) increase from the first quarter of the year and indicating that the average American should be feeling a strong sense of financial well-being.”

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