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Is The Pay Received In The U.S. Sufficient?
by Amal | on July 27, 2012
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Is The Pay Received In The U.S. Sufficient?
Thanks RT.com, this is self explanatory. Comments welcome, most people believe that their pay
isn’t enough.
Paycheck-to-paycheck: US households barely getting Go Daddy!
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Published: 27 July, 2012, 01:34
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Ways to Obtain Money Fast With The Use Of
The Internet While At Home
Reuters / Robert Galbraith
Tips in Increasing Motivation
More than one-third of American households are barely able to manage their bills,
getting by financially only paycheck-to-paycheck, a new study reveals. Tips in Achieving Success in Life
Research out of the Consumer Federation of America and the Consumer Planner
The Long Wait Is Over, Let The Games
Board of Standards, Inc. suggests that Americans are less well off now than during Begin! Baseball Is Finally Here, YES!
the Clinton administration, with 38 percent of households questioned — nearly two-
fifths — saying they are only barely able to get by.
Improving The Community With
According to their survey of 1,508 US households, not only do a substantial sample of those Entrepreneurs
polled say they live paycheck-to-paycheck, but nearly one-third, 30 percent, say they are
actually financially comfortable. Additionally, only 34 percent say that they feel like they will be
able to retire by age 65.
The results of the responses out of the later study offer a sharp contrast to the findings of a Get Started Now!
previous analysis published in 1997. When the CFA participated in a similar poll 15 years earlier, *Email
only 31 percent said they lived paycheck to paycheck, showing an increase of seven
percentage points in just a decade and a half. The federation adds that the percentage of
respondents who indicated they felt comfortable financially has fallen significantly as well. start now
“Consumers understandably are more nervous about investing their money given recent
revelations about financial fraud, manipulation and abuse of clients,” Kevin R. Keller, CEO of CFP
Board, explains in a press release accompanying the study. “This doesn’t mean that people
shouldn’t create a financial plan and be prepared. We encourage consumers to do their
homework and find a financial professional who always puts the clients’ best interests first and
abides by a fiduciary standard of care.”
CFA Executive Director Stephen Brobeck adds in the report that maintaining a personal finance
plan, regardless of ones’ income, is essential for achieving and maintaining goals in post-recession
America. With the national economy continuously experiencing punctuated periods of mass
unemployment, stagnant wages and Wall Street corruption, though, coordinating and
implementing savings plans is becoming increasingly more difficult for Americans to carry out.
According to a report published in December that pulls from 2010 US Census data, almost half
of Americans — around 146 million — have incomes that place them either at or below the
poverty line. A separate study earlier in 2011 suggested that in the nation’s capital of
Washington, D.C., around earns less than half of what would put them at the poverty line.
Other Forms Of Income Is A Must
In a report published by the Associated Press earlier this month, demographers questioned say
that they predict rampant poverty to continue until at least 2014 “due to expiring
unemployment benefits, a jobless rate persistently above 6 pe cent and weak wage growth.”
Robert G. Allen is one of America’s most famous financial advisors of all time and
author explains the necessity for multiple streams of income in today’s time.
Businesses open more frequently but also close just as fast, not to mention the
competition especially within the global market. I intend on blogging a series
pertaining to multiple income streams, how & why it has helped me and will continue
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3. to be a major part of my life.
How about you take advantage of this opportunity & add another stream of income.
Well, look how a young lady from the southside of Chicago became RICH doing just
that, click here. Can you believe that saving money is this easy? See what I did and
what you should also do, here. Is there anyone that doesn’t shop? Does anyone like
to make money? How about shopping and meanwhile make CASH MONEY? This is
unbelievable, check it out here.
This entry was posted in Empower Network
Tags: income, Pay
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About The Author: Amal
A former latchkey kid leading to being INDEPENDENT, self-reliant, DEDICATED
follow er in my belief, FATHER of 3 men, HUSBAND, somew hat EDUCATED, filled
w ith HOPE, GRATEFUL for life, HUNGRY for SUCCESS, alw ays w illing to give a
helping hand, community facilitator, school board member, experienced in various
industries, ENTREPRENEUR and a MAN STILL ON THE GRIND.
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