Facebook Week in Review: 06/10/11

13 06 2011

June 10

The Assets & Opportunity Scorecard is a comprehensive look at wealth, poverty and the financial security of families in the United States. The Scorecard assesses the 50 states and the District of Columbia on how well residents are How was your state graded?  http://scorecard.cfed.org/

June 9

We all have trade offs. Lowering lunch costs equal more choices/freedom. The difference of lowering recreation expenses can go into retirement accounts. Weigh your options prior to making a purchase – think about the trade offs. Only you and your family can make these choices – decide what fits your lifestyle.

Military Saves is here to help you – the warrior and the families that stand along-side them through it all. Military Saves is a campaign to make every military community a supportive environment to assist in financial stability. Get some!

June 8

Did you know? Fixing a vehicle maintenance problem, such as a faulty oxygen sensor, can improve your mileage by as much as 40 percent. Check out more money saving tips, etc. at Fuel Economy.  http://www.fueleconomy.gov/feg/

June 7

In response to the Ebri 2011 survey – Can it be that we are accepting defeat? Rather than change our saving and spending behavior, we’re lowering our expectations of what our retirement will look like.

“Americans’ confidence in their ability to afford a comfortable retirement has plunged to a new low….Instead of making fundamental adjustments to their spending and saving patterns in response to the decline in confidence, workers continue to change their expectations about how they will transition from work to retirement in what has been called an age of “the new normal.”—Ebri

People often times continue their poor financial behavior because of fear of the unknown. They fear their lives will change as they get their financial house in order – i.e. won’t have much fun sticking to a spending plan. However, baby steps to improve their financial lifestyle will yield a positive net worth. Fear of the unknown diminishes when we plan to complete financial goals.

June 6

We’re midway through Monday. And maybe there are some of us midway from being debt free. Keep your goals in sight.

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