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87% of teens report their parents are their main source of financial education, while more than 56% of married couples
report having serious problems related to their finances.
(Moneymanagement.com & Charles Schwab Foundation)
Revisiting The Basics To Ensure Your Family's Financial Future.
April 28, 2016 | Category: SOFA News
| Author: James E. Chilton
Do you remember when we were kids and we played musical chairs? A very simple game ... you go around in circles while the music is playing. Then, when the music stopped, you scrambled for a chair. The one left standing lost.
Though a simple game for children, most Americans play it with their money 24/7 their entire lives. Instead of building a plan, creating a financial blueprint for one’s present and future, they, like children playing musical chairs, go round and round — dealing with the present — never realizing the music will eventually cease ... kid’s college, retirement, paying off the mortgage, having to buy a car at an unexpected time. The needs and the list go on and on, around and around, with little planning in mind. Then reality sinks in...