Thirty-three percent of Americans have nothing saved for retirement.
Fifty-six have saved less than $10,000 for retirement.
In 2003, the United States Senate declared April Financial Literacy Month. That’s because there’s a huge need for people to get wise about finances. They need to learn effective strategies to prepare for retirement.
Financial literacy starts with awareness.
The average consumer is walking around in a money fog. They’re clueless about the reality of what it will take financially to fund their retirement years.
So many people are living paycheck to paycheck.
Because they haven’t taken the time to see what’s happening in their finances. They’re in a money fog.
They say things like, “Money just isn’t my thing.” That’s the kind of thinking that will get you financial trouble.
Please don’t procrastinate when it comes to your finances.
The U.S. Senate thought it was important enough of an issue to declare April Financial Literacy Month. Shouldn’t we take that as a hint that something’s wrong.
We need to fix the money thing!