What we're about
“The number one problem in today’s generation and economy is lack of financial literacy.” Alan Greenspan
Many families today are broken due to financial stress. This group is for anyone who wants to protect and provide financial security for their family. We live in one of the wealthiest countries in the world, yet, many still retire poor. We can work hard all our lives, but retire poor. We go through years of education just to finish college with a lot of debt. Debt becomes a way of life.
Nobody teaches us how to manage our money in school. Financial concepts are not often discussed and financial products are not always explained. Most of us have trouble balancing a checkbook and reading a financial statement. We use credit cards every day and don't always understand all the hidden charges. We buy insurance policies and stick them in a filing cabinet. We contribute to our 401K or IRA and hope it'll be enough. We all want a better life for our family, but few have a plan. We may be active spenders but passive savers.
Today, there are nearly 76 million Baby Boomers (born 1946-1964). Every day about 10,000 of them turn 65! Many of them were hit hard by the financial crisis. Many more struggle to survive because they did not prepare enough for retirement.
Generation X (born 1965-1980) are worried about keeping their jobs and paying growing bills. Many of them are sandwiched between the burden of taking care of their own family and helping their parents.
Millennials (born after 1980) are facing even bigger hurdles with the economy. As the labor market becomes global, companies are increasingly sending their operations overseas.
This group is meant to EDUCATE the community on financial topics. There is nobody more interested in your financial future than you are, definitely not your government or your employer. It's your responsibility to learn the simple rules of how money works. Understanding how money works is part of taking care of your family. You can be in control of your family's financial future.