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Beth Mattingly

Beth Mattingly

Assistant Vice President, Research & Communications at the Federal Reserve Bank of Boston, specializing in family financial well-being and household wealth research.

Aug 12, 2026

9:06
Can you get into some specifics about what you're looking at?
9:09
As you said, the value of their home, any value in vehicles, boats, cash on hand, savings, art, cryptocurrency.
9:18
So all the, you know, as many things as we can capture that add value to that household's budget.
9:24
And then on the other side, we look at the debts.
9:26
So student loan debt, credit card debt, medical debt, legal debt, the whole host of things that would detract, that would take away from that balance sheet.
9:36
And so we subtract those debts or those liabilities from the total asset value to come up with a net wealth amount.
9:42
We looked at median wealth instead of average family wealth.
13:21
Can you discuss these results?

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