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Don't Need No Stinking PR?
Please feel free to publish this article and resource box in your ezine, newsletter, offline publication or website. A copy would be appreciated at bobkelly@TNI.net. Word count is 955 including guidelines and resource box. Robert A. Kelly ©...
How Not to Write a Press Release
Several years ago, when I was working for an agency, I was fired from an account. What that means is the client didn’t want me writing for him anymore. Another writer, a friend of mine, got the account and life went on. Of course, I was pretty...
Is Your Web Site Ready For Its Visitors?
There’s a great interest among the Internet entrepreneurs about how to promote their business on the Web. There’s always a quest for new and innovative ways of promotion that promise greater results at lower cost and in shorter time. Yet with...
"Own" Your Workspace
CONTACT:
Cassandra Black
Yuwanda Black
EthnicHomeDecor.com
676A Ninth Avenue, #363
New York, NY 10036
Tel: 212-626-9038
Fax: 646-557-0039
http://www.EthnicHomeDecor.com
media@EthnicHomeDecor.com
FOR IMMEDIATE...
Things will never be the same again.........
I have some important news to share with you. Every once in a blue moon, something comes along that changes the world forever. February 9th, 2004 was one of those days... It's the day my friend, Stone Evans, sent an announcement to his...
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Why Are So Many Americans Financially Dumb?
Yeah, we are a nation of financial dummies.
1. Look at all the worthless get-rich schemes on the Net and TV. These ads exist BECAUSE people are buying.
2. Watch the confused look on the cashier’s face when you hand over extra coins AFTER the register displays your change.
3. Witness the people standing in line overnight for the privilege of “25% savings.” Aren’t they waiting to SPEND money?
If you’re a non-believer, read these statistics:
1. According to fool.com, “68% PER CENT of graduating high school seniors surveyed by the Jump$tart Coalition for Personal Financial Literacy failed a personal finance test in 2002, compared with 44% who failed in 1997.”
2. The U.S. Public Interest Research Group states that “40 percent of college students are graduating with unmanageable levels of student loan debt, and half of those have an average credit card debt of $3000.”
3. Near retirement age baby boomers have saved only 12% of what they think they will need for retirement.
THE REASONS WHY?
The U.S. Public Interest Research Group attributes the debt issue to rising costs.
The deputy assistant secretary for financial education at the Treasury department testified before the House, "The downstream, adult problems of rising bankruptcy rates, low savings rates and misuse of credit can all be traced upstream to how our schools FAIL TO
adequately prepare children for their financial futures."
So far, the reasons why we we’re financially dumb are because of rising costs and inadequate schooling. But clearly, these are not all the contributing factors…
There are other reasons, including...
1. Math skills are declining. This is the author’s observation. It’s based on teaching high school math 30 years ago compared to teaching college-level math in 2003. Kids in the same area are less skilled than 30 years ago.
2. Parents forget they are financial role models. They miss opportunities to develop their kids money smarts.
CONSIDER THIS SOLUTION
Hate to ride the “family values train” because there are conflicts with the conductor. And the author’s opinion is an educated guess.
But, parents, consider this...your kids reflect your money habits, attitudes, and behavior. What are YOU teaching your kids about money?
Copyright 2005 by Valerie Mills
About the Author
Valerie Mills is a sales copywriter specializing in direct mail and web advertising. She writes sales letters, web pages, and brochures for the finance, self-help, and technology areas.
Valerie has also written several articles and an ebook for parents: please refer to http://teachyourkidsaboutmoney.com for more information.
Contact Valerie at parents@teachyourkidsaboutmoney.com
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