A quarterlyreport from the Federal Reserve released on Thursday revealed that Americansactually got a little richer in the fourth quarter of 2009. In that quarter, U.S. households saw a total net worth of $54.18 trillion, which was a 1.3 percent increase from the third quarter worth of $53.49 trillion.
As a result, the networth for 2009 increased a total of 5.9 percent. This is great news for those who have struggled with personal finance since the economy toppled in 2008 and were looking for some hope for 2010.
Where is the Net Worth Coming From?
In the fourth quarter of 2009, a large chunk of the increase in net worth (which includes assets like home equity, minus liabilities like mortgage debt) came from a drop in household debt, which was the first since 1945.







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