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Article: North Dakota Takes Step Forward in Personal Financial Literacy for Its Citizens
- Article from:
- Targeted News Service
- Article date:
- April 23, 2007
CopyrightCopyright © HT Media Ltd. All Rights Reserved. Provided by ProQuest LLC. (Hide copyright information)
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The North Dakota Republican Party issued the following news release:
Many North Dakotans are experiencing financial crisis because of inadequate savings, too much debt, and poor planning for potential major life events. On average, U.S. households carry about $9,400 in credit card debt, up two-thirds from a decade ago. More than half of Americans report living paycheck to paycheck. Some 40 percent of American families annually spend more than they earn.
With these statistics in mind, now imagine the next generation of North Dakotans understanding how to live within a budget, the value of a dollar, and how to make their money work for them with smart investing. Imagine North Dakota's aging ...