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The PrinciplesOf Financial Freedom F AST U N S E C U R ED N O R T H G L E NN, CO
Have you ever wonderedwhy therich get richerand thepoor getpoorer?
! The answeris Financial Illiteracy
FastFacts The gap between the middle class and the "1%’ers"is now bigger than ever and it is quitealarming. 1% Middle Class
78% of low-income urban families are unable to put away money for retirement, healthcare or even a basic emergencyfund.
The QuickNumbers 57%14%86% of Americans failed to pass the S&PGlobal FinLit Survey on basic financialconcepts have investments other than a basic savingsaccount would need to borrow funds or take outa loan in the event of a healthemergency
Financial Illiteracy byGender Women 50% 50% Men
The CostsOf FinancialIgnorance spending more on transaction fees running up biggerdebts incurring higher interest rates on loans borrowing more, savingless
! Make money work foryou. It does not sleep, get tired, or go onvacation.
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