Friday, March 13, 2009
Wednesday, March 11, 2009
Thursday, March 5, 2009
Financial Education 101 - What They Didn't Teach You In School - Part 4
SAVINGS AND EMERGENCY FUNDS ARE LACKING
A majority of the public does not have a sufficient emergency, defined as three to six months of income save. More than one-third, or roughly 76 million adults, say they do not have any non-retirement savings. And though a majority are currently saving for their retirement, more than one-quarter are not.
Hope you have enjoyed this 4 part report.
Please take time to review my website:
http://ping.fm/DlLBn
And learn the NEW old way to keep yourself on top of your finances, pay off all your debt quicker, and potentially save thousands in the process.
To A 2009 of Savings,
Bruno Quintela
The Mortgage Eraser
http://ping.fm/DlLBn
P.S.- This report was prepared by the Success From Home Magazine - Feb'09.
Facts and Statics are accurate to today's date.
A majority of the public does not have a sufficient emergency, defined as three to six months of income save. More than one-third, or roughly 76 million adults, say they do not have any non-retirement savings. And though a majority are currently saving for their retirement, more than one-quarter are not.
Hope you have enjoyed this 4 part report.
Please take time to review my website:
http://ping.fm/DlLBn
And learn the NEW old way to keep yourself on top of your finances, pay off all your debt quicker, and potentially save thousands in the process.
To A 2009 of Savings,
Bruno Quintela
The Mortgage Eraser
http://ping.fm/DlLBn
P.S.- This report was prepared by the Success From Home Magazine - Feb'09.
Facts and Statics are accurate to today's date.
Financial Education 101 - What They Didn't Teach You In School - Part 3
ONLY A MINORITY KEEP CLOSE TRACK OF EXPENSES/SPENDING
Financial experts generally agree that having a household budget is sound financial management. But only a minority of Americans say they keep close track of their typical monthly expenses. And although a majority of the public has at least a somewhat good idea of where their money goes each month, nearly 2 in 10, or roughly 40 million adults, keep little or no track at all.
Contrary to some stereotypes, how closely Americans manage their money does not vary by gender, age or income. Women continue to be as likely as man, younger people as likely as older people and lower income households as likely as higher-income ones to keep close track of what they spend.
See you in Part 4,
Bruno Quintela
The Mortgage Eraser
http://ping.fm/DlLBn
Financial experts generally agree that having a household budget is sound financial management. But only a minority of Americans say they keep close track of their typical monthly expenses. And although a majority of the public has at least a somewhat good idea of where their money goes each month, nearly 2 in 10, or roughly 40 million adults, keep little or no track at all.
Contrary to some stereotypes, how closely Americans manage their money does not vary by gender, age or income. Women continue to be as likely as man, younger people as likely as older people and lower income households as likely as higher-income ones to keep close track of what they spend.
See you in Part 4,
Bruno Quintela
The Mortgage Eraser
http://ping.fm/DlLBn
Financial Education 101 - What They Didn't Teach You In School - Part 2
MILLIONS HAVE SERIOUS DIFFICULTIES PAYING BILLS EACH MONTH, MOST NOTABLY THOSE IN GENERATION Y
Only 59 percent, or roughly 23 million, of the young adults in Generation Y, ages 18-29, pay their bills on time every month. That translates into millions of tomorrow's leader, those who will drive the engine of our economy for years to come, who are not practicing a most basic financial principle. And the previous generation of consumers, those ages 30-49, don't appear to be modeling good financial behavior either.
See you in Part 3,
Bruno Quintela
The Mortgage Eraser
http://ping.fm/DlLBn
Only 59 percent, or roughly 23 million, of the young adults in Generation Y, ages 18-29, pay their bills on time every month. That translates into millions of tomorrow's leader, those who will drive the engine of our economy for years to come, who are not practicing a most basic financial principle. And the previous generation of consumers, those ages 30-49, don't appear to be modeling good financial behavior either.
See you in Part 3,
Bruno Quintela
The Mortgage Eraser
http://ping.fm/DlLBn
Financial Education 101 - What They Didn't Teach You In School - Part 1
A SIGNIFICANT NUMBER OF PEOPLE STRUGGLE WITH MORTGAGE PAYMENTS AND THE COMPLEXITY OF BUYING A HOME
One in every 10 American with a mortgage, or roughly 10 million adults, report being late or missing a mortgage payment in the past year. Adding more stress to the current housing market, almost one-quarter of Americans say they do not know enough about owning a home to consider buying one.
See you in Part 2,
Bruno Quintela
The Mortgage Eraser
http://ping.fm/DlLBn
One in every 10 American with a mortgage, or roughly 10 million adults, report being late or missing a mortgage payment in the past year. Adding more stress to the current housing market, almost one-quarter of Americans say they do not know enough about owning a home to consider buying one.
See you in Part 2,
Bruno Quintela
The Mortgage Eraser
http://ping.fm/DlLBn
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