How did inflation affect families last year? Did trends shift in the use of emerging financial products? This recent discussion with the Federal Reserve Board of Governors explores findings from the Survey of Household Economics and Decisionmaking (SHED). For the past decade, the SHED has provided insights into financial challenges families face. The latest report on the Economic Well-Being of U.S. Households in 2022 uncovers compelling data around various aspects of people’s financial lives.