Are You As Financially Healthy As You Want To Be?
Today’s Financial Reality
Are you living paycheck to paycheck?
If you find yourself counting the hours until your next paycheck is deposited in your bank, you’re not alone. Almost half of workers live paycheck to paycheck just to make ends meet.
Did you know that the total outstanding credit card debt grew to $886 billion US from $680 billion US between 2000 and 2006 and is projected to reach $1.177 trillion US by 2010? (U.S. Department of Commerce, 2009)
You’ve probably heard that the average American carries more than $8,000 in credit card debt.
Did you also know that many people work four to six months a year just to pay taxes?
To put this figure in proper comparison, Americans work longer to pay their taxes than they work to pay for food, clothing and shelter combined.
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