I came across some interesting statistics today while reading Journal of Financial Planning: America ranks as number 1 among 42 countries for highest percentage (22%) of citizens who have no money left after paying essential bills and spending discretionary dollars (ACNielsen) 28% of Americans with no money left to save at the end of the month in a similar ACNielsen survey six months before (ACNielsen) 9 out of 10 affluent families will lose their fortune by the end of the third generation (Chrisitian Science Monitor) In my own business I've noticed an increase in the number of clients who hire me to help them figure out why they are still living paycheck to paycheck. In the 1990's, most of my clients wanted to learn how to invest. Today they want to learn how to make their money go further. I don't pretend to know the reason for this shift or the scary statistics above. I have a guess to offer - overuse of credit to finance daily existence. Financial Planners recommend tha
Money should empower, not intimidate. I believe that anyone, once taught, can successfully manage his/her own finances. In this blog I share with you money management techniques and explore timely financial topics.