Financially, the American middle class is imploding and shrinking, and the traditional financial services industry helped in the process. Under current conditions it is very unlikely that the vast majority of the middle class is living in retirement of their dreams. The only solution is a return to frugality by obtaining a practical, convenient, easy to implement and financial education, which teaches them to take control of their finances by debt free, take money and smart investment. Ideally, this should go hand in hand with entrepreneurship skills and implementation and middle class, the drudgery of their current position and become their own boss, as it represents a real opportunity to do much more than money and achieve their goals and dreams.

Robert Kiyosaki and Donald Trump wrote the book decreasing middle class, “why we want you to be rich.” The book was not only once in New York Bestseller, but emphasized that the reason the middle class is shrinking. Consider the following statistics:

2.Until 2009, the savings rate fell from 11% to zero demand. Net salary in 1970, although the family breadwinner Mom.

3.Until 2009, spent all 0 of consumers is through the use of credit and spends about 80% 0.05 for every dollar they make, and is facing up to debt capital.

The sad facts supporting the middle class in the last three decades implodes, most could not afford any brokers, financial planners and consultants, with the middle class, because the work they were desperate and had no money for the future invest or to the life insurance they buy for the protection of the family. Therefore, financial experts have spent their time together to compete for a share of high income, high market value of equity (less than 5% of the population), because there is money.

The only way for a financial professional lots of money for the middle class to make work is an assembly line, where only punch a few minutes with a customer who purchases must be spent in their system. Unfortunately, this approach is more with putting money in the pocket of an objective financial planner in achieving the objectives of the client

Considering the above, can answer in the middle class the following questions:.

2.What is necessary to have the retirement of your dreams?

In the best case could be only 10% answered yes. Studies show that the average of 50 years, less than 000 recorded, which will not do for a happy retirement, especially when millions generated only 4% to € 000 per year in revenue. This income amount is not much, when most people have children and grandchildren from them in the next 10, 20 and 30. Too many people rely on government help them out of trouble, a very bad bet today is that the government literally mortgaging the future of our children, grandchildren and great-grandchildren. So that each person in the United States a minimum of 0000 debt, which due to the excesses of the government in examining gross public debt (budget and off-budget items). This is absolutely horrible!

Sorry, seems to have in the foreseeable future in the next 2-5 years to make it better, which increases the loss of property, unemployment, foreclosures, and soon see additional shares lost market that seems to make losses in the fourth quarter of 2008 as a walk in the park

To be honest, the middle class a resurgence of the attitude of the money they had 50 to 60 years if it relates to the planning, financial education and ultimately the focused construction of their families. Maybe a good thing can lead from the current recession, and that is a return to that position to buy economical compared to instant gratification everything on credit, including holidays. People are concerned about planning their next vacation, and who cares if it is over their budget, they will solve that problem later, when their

Finance So what is the solution.? It is clear that the middle class needs a practical, hands-on financial education, where they learn to take control of their finances and debt free, money and smart investment. The problem is that our schools are not teaching it. The countless “money and investing” books to inform one or, at best, a program to make it yourself or good ideas, but leave a decide how to implement and create the necessary priorities. Peoples jobs certainly do not teach, because if the employees knew that their employer will no longer know which employees need. Finally, go to Wall Street and financial planners for its traditional, conflict free education requires financial advice, not that either the fourth quarter of 2008, as simple as that.

For real! Why should someone manage to convert their money to strangers, when most financial advisors have less training to do what they do, that massage therapists? It’s amazing the huge Wall Street firms who spend supposedly smart to the people for real money (yes, fill their pockets at the expense of the public) more than 0 million or more by advertising year. If they really did their job, satisfied clients and customers refer only to new customers and clients.

Fortunately, some wise souls are now at America’s deplorable lack of financial education and is the beginning of a major development, that will continue for many years. These thinkers vision know that the financial planning and investment is not rocket science, and n is not complicated. The sooner people wake up and the fact that everything that you need good working conditions on financial education is more the need to recognize they are not using a financial planner. Some of these thinkers before the clutch that financial education with a business opportunity online business, so people can leave the drudgery of their current job, her own boss, where the sky is the limit and a genuine opportunity, its objectives and to realize their dreams. Hopefully this trend continues, as the need for it is by the Americans, especially the middle class, desperate.


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