Economic Woes
There was an article in the local newspaper about Cleveland Ohio, my home town. It said that Cleveland is the most poverty striken city in America.
Wow!! How did that happen? Or more importantly what can we do about it? I think our young adults need to be educated more and more and more about how money works. For example the time value of money and how important it is to start saving at an early age.
You can build a huge nest egg by the time you retire. It's never too late, but it's always better to start as early as possible. There are other strategies like paying off credit card debt in full, and paying extra on your mortgage payment.
I am compiling more information of this specific topic that will enable our youth to go above and beyond the call of duty in terms of money and finances. It is my job to see that they have a plan in place that will help them achieve financial independence and reverse the trend. Being the poorest city in America is not a title you want for your city.
I am going to look into the possiblity of starting a coaching and mentoring program to help put our children on the right path with good financial habits that will carry over into their adult lives.
Let's take the bull by the horns and turn things around.
To Your Great Success.
Mel Richardson - CEO
Speaker, Coach, Visionary, Author.
VisionStar Enterprises
http://www.aftercollegebeyondgreatness.com
http://www.visionstarenterprises.com
Wow!! How did that happen? Or more importantly what can we do about it? I think our young adults need to be educated more and more and more about how money works. For example the time value of money and how important it is to start saving at an early age.
You can build a huge nest egg by the time you retire. It's never too late, but it's always better to start as early as possible. There are other strategies like paying off credit card debt in full, and paying extra on your mortgage payment.
I am compiling more information of this specific topic that will enable our youth to go above and beyond the call of duty in terms of money and finances. It is my job to see that they have a plan in place that will help them achieve financial independence and reverse the trend. Being the poorest city in America is not a title you want for your city.
I am going to look into the possiblity of starting a coaching and mentoring program to help put our children on the right path with good financial habits that will carry over into their adult lives.
Let's take the bull by the horns and turn things around.
To Your Great Success.
Mel Richardson - CEO
Speaker, Coach, Visionary, Author.
VisionStar Enterprises
http://www.aftercollegebeyondgreatness.com
http://www.visionstarenterprises.com

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