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Finance For Dummies

Finance For Dummies offers personal finance information on investing, retirement investing, finance, insurance, credit cards, loans and more. Personal finance education is our goal.

Monday, September 11, 2006

Money

If you have money worries you are not alone. Real estate is on a downward trend, average income levels have flattened, goods and services are more expensive as is oil. More and more Americans owe significant amounts of money on their credit cards. Money is getting more expensive and if you have not already acquired lower rates on your loans and debt--now is the time. If you have been putting off paying back that credit card debt do it as soon as you can. Despite some reports the average American is not doing better than they were 10, 20, 30, 50 years ago. Americans have gotten into bad mortgages and the rising prime rate is making their lives difficult. The Fed is trying to curb inflation, but when the price of gas has doubled in the past few year it affects the entire economy and all goods and services become more expensive. Try to right your boat now because in the future it might be even more difficult to do.

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