DEBT IN OUR SOCIETY

Families of the recent century are finding themselves drowning in a pool of debt. This leading issue is the result from failing to plan ahead for a debt free financial independent future. In the 1980's statistics show that on a average were saving a total of 10% of their income, Today -1% is what is being saved. From this study it is understood the working Person is spending more then they earn. As a result families become buried in debt leading a road ahead of Stress and depression. No one can be blamed in this matter for the simple fact that people are not Knowledgeable on how or where to start. In this Blog "Financial Source" we will be discussing Basic rules and Tips to understand how to make educated decisions with your finances, so one can set a strong Financial Future.