A new survey says Americans’ confidence in their ability to afford a comfortable retirement remains at historically low levels in the face of job uncertainty and financial insecurity.
The 2012 annual Retirement Confidence Survey, released today by the nonpartisan Employee Benefit Research Institute (EBRI) in Washington, and co-sponsored by the Principal Financial Group, finds only 14 percent of Americans are very confident they will have enough money to live comfortably in retirement¹. Workers with the most debt have the least confidence.
To view Multimedia News Release, go to http://www.multivu.com/mnr/54549-principal-financial-group-retirement-confidence-survey-job-insecurity-ebri
In the video shown above, a girl and a boy are conversing with each other. Boy is a bit frustrated after purchasing a car as he is now facing trouble in paying debts. Girl is suggesting him to apply for debt consolidation loans to manage his debts. Video is brought to you by http://www.debt-consolidation-loans.co.uk
American households are carrying an average of nearly $16,000 of credit card debt, which translates into more than $2,000 in finance charges and fees each year, according to the Federal Reserve.
Even with statistics like these, freedom from debt is an achievable goal for every family. The first step in regaining control is to take an honest look at your overall financial picture. The experts at Money Management International have developed a “debt test” to help consumers’ asses their financial standing.
To view Multimedia News Release, go to http://www.multivu.com/mnr/52437-mmi-offers-advice-for-paying-down-debt-do-you-pass-the-debt-test
David Miles, an EA at 20/20 Tax Resolution, discusses the IRS Installment Agreement as one of the available methods of resolving your tax debt. For more information on 20/20 Tax Resolution, please visit http://www.2020taxdebthelp.com
Many homeowners with financial problems, especially those at risk of foreclosure, feel overwhelmed and don’t know where to turn for help. Unfortunately, they often become targets to a growing number of individuals who claim they can “rescue” people from their mortgage problems. This often leads to high fees, greater debt, and many times, the eventual loss of the home. The National Foundation for Credit Counseling® (NFCC®) wants homeowners to know that even if foreclosure seems inevitable, help is available, often at little or no cost.
To view Multimedia News Release, go to http://www.multivu.com/mnr/60521-national-foundation-for-credit-counseling-nfcc-help-homeowners-foreclosure
The current student loan debt crisis in the U.S. is real. Total student loan debt currently stands at more than $1.16 trillion. And, according to the Federal Reserve Bank of New York, student loans represent the highest amount of delinquent debt compared to all other forms of household debt, including mortgages, auto loans, and credit cards.
Gaining a college education has long been among the most important first steps towards obtaining a happy and prosperous life. The reality, however, is that most college graduates are starting their adult life deep in debt, and feeling stressed and completely unprepared to manage their financial lives. The good news is that the government has created programs to help borrowers reduce the burden caused by student loan debt. To learn more about these government programs, visit StudentAid.ed.gov.
Money Management International (MMI), along with other nonprofit organizations and consumer advocate groups, have taken additional steps to help struggling student loan borrowers understand their repayment plan options, find solutions for managing other debt obligations, and create realistic action plans for reaching overall financial success.
To view the Multimedia News Release, go to http://www.multivu.com/players/English/7406151-mmi-student-loan-debt/
Debt is a buzzword for politicians, a burden for students, a necessity for most homeowners and a reality for 70 percent of Americans.
But despite this fact, 30 percent of those in debt have no plan to pay it off, according to a recent survey conducted by Fifth Third Bank (NASDAQ: FITB).
Fifth Third commissioned the national survey to examine the financial beliefs and behaviors of American adults. The results provided a snapshot of our nation’s financial literacy, with 82 percent of respondents citing financial independence as a goal in their lives. The survey also revealed how the three largest generations in America differ in their understanding and management of savings, budgeting, retirement planning and credit.
“At Fifth Third, we were curious to discover how knowledgeable Americans are about their personal finances,” said Jada Grandy, senior vice president and Community Reinvestment Act strategies director, Fifth Third Bank. “The results of this survey give insight into financial literacy in America, as well as the needs of customers at different key stages of their lives. This knowledge arms Fifth Third with the tools to support our customers at every step on their journey to financial independence.”
To view the multimedia release go to:
http://www.multivu.com/players/English/7723851-fifth-third-bank-life/
http://www.fixthedebt.org/ - A recent report highlights the need to strengthen Social Security's finances. A new, interactive tool allows you to make the choices to preserve it for future generations.
http://legaljusticeadvocates.com
Aiding those in need, this explainer video for Legal Justice Advocates a team of lawyers with more than 40 years of combined experience to enforce clients' rights when it comes to disability discrimination and other forms of unequal treatment in the workplace and elsewhere. Legal Justice Advocates also handles consumer protection claims, bankruptcy and collections matters. The advocacy law firm can be reached at (202)803-4708 or go to their website and learn more at: http://legaljusticeadvocates.com
Young adults have made saving a priority this year – ahead of losing weight, living healthier and other typical New Year’s resolutions – as financial concerns take a toll on their friendships and personal lives, according to a new survey by the American Institute of Certified Public Accountants and the Ad Council.
The organizations released the results today to coincide with the launch of a new series of public service advertisements on behalf of their national Feed the Pig financial literacy campaign, which helps 25- to 34-year-olds take control of their finances and add saving to their daily lives.
To view Multimedia News Release, go to http://www.multivu.com/mnr/53673-ad-council-aicpa-young-adult-financial-literacy-campaign
INRIX, a leading international provider of traffic information and driver services, today released its sixth Traffic Scorecard Annual Report, which revealed that traffic congestion is back on the rise in 2013 after two consecutive years of declines. In the first three months of this year, traffic congestion is up 4 percent compared to 2012. This suggests that after a tumultuous economic year in 2012, the economy is back on the mend bringing increased traffic congestion.
The uptick in traffic congestion in 2013 follows a 22 percent decrease in 2012. The “stop n go” nature of the results indicate an overall economic climate that has not yet returned to pre-recession levels in many areas, including total jobs and unemployment rates.
To view Multimedia News Release, go to http://www.multivu.com/mnr/61109-inrix-traffic-scorecard-reports-u-s-congestion-on-the-rise
