Friday, April 8, 2011

Downside of Debt

According to a recent study by the National Foundation for Credit Counseling. A substantial percentage of Americans give themselves low marks on their knowledge of personal finance, expressing doubt about their ability to make sound financial decisions. Even more worrisome, is the fact that fully one third of adults have no emergency savings. And nearly forty percent of all adults carry credit card balances from month to month.

The downside of living on the financial edge and use of high cost credit can be enormous, as illustrated in my recently published book, Save and Grow Rich How to Turn Small Change into Large Fortune ... to read an informative excerpt from the book simply click on the cover photo at upper right.
                                                           Roger L. Caron

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