WARNING: What you're about to read may not be upbeat. But it's true...
I was reading Howard Dayton's inspiring book "Your Money Map" recently...
(By the way, if your serious about learning the 7 Steps to true financial freedom, this is an awesome resource!) when I came across these 11 alarming facts.
· The United States is absorbing 80% of the world’s surplus savings to fund its deficits and debts
· 2/3 of all middle-income Americans (66%) live paycheck to paycheck
· Most people have not been taught how to handle money properly
· Every 27 seconds in America, a couple divorces. The #1 reason? MONEY PROBLEMS
· In 2005, the personal savings rate was negative 5% of their income, the lowest personal savings rate in 73 years (source: US Dept. of Commerce, Bureau of Economic Analysis, www.bea.gov)
· 82% of middle-income Americans say there’s not much left to save after the pay their bills
· The average American today spends $1.10 for every dollar earned
· The average American credit card holder carries more than 6 cards and owes more than $9,300 on them
· In 2005, credit card debt in the USA totaled $797 BILLION (source: consumer credit, www.federalreserve.com)
· 97% of Americans age 65 have less than $600 in their checking account. Only 3% are financially secure and 54% are still working (USA Today)
· If you make only the required payment on a 30-year mortgage, it’ll take 23 years before the principal and interest portions of the payment match each other!
Wow!
Can you see why it's vitally important for you to take control of your financial future now?
Want some help? Stay tuned - because I'm putting the finishing touches on a resource that puts you on the path to freedom quickly and easily!
I'm excited! And I can't wait to show it to you!
Hold on to your hats...the minute you can get your hands on this amazing tool, I'll let you know!
Have a happy 'hump day!'
Steve
P.S. For a sneak peek at this FREE insider report - "How to Escape The Debt Rat Race," call 1-800-882-1834, ext. 2019 anytime, 24/7 and I'll rush you this eye-opening report. Or you can get your copy by clicking here. Make sure you put the words "Debt Rat Race" in the subject line.
Peace!
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