Most couples do not plan to fail most couples fail to plan. But failing to make a realistic financial plan and following it is still the number one reason for divorce in half of all marriages in America. Financial education is as important as a college education. Wise financial planning and execution is required for a marriage, happy lasting and the need for the creation of wealth.
Although foreclosure homes, foreclosure record high levels of mortgage according to economy.com Moody, there is expected to reach its peak until 2008. Too many couples find themselves in houses they can't afford to pay, this event grows may fail to plan to have enough income or too much debt, such as excessive credit card debt or car is expensive.
Since the 70s the five under the American family have dropped their incomes of about 0.2 percent per year, at the same time 40% down haven't seen any growth whatsoever. This should be obvious to every American that everything has changed and job security no longer exists, as it does for our grandparents.
In addition to stagnant wages, many young couples today are burdened with repaying loans tuition fees which threatens their ability to pay their bills, take a vacation yearly, buy a House and save for retirement. The success of alternative opportunities, franchising, legitimate business from home and home based business is the light at the end of the tunnel.
If asked, most couples will say they need more income to live comfortably but does not have an abundance of time to make more money, let's say working with other jobs. Home business opportunity or franchise alternative, which generates passive income allows individuals to pursue careers they are trained to and income they need to live a happy and fulfilling the financial stress-free.
Young people currently enter the laborforce face the labor market that is not set that had not planned the creation of their personal wealth. It is up to each individual to learn how to become more financially capable and independent. Consider learning about legitimate home business opportunities that can generate passive income if it is lack of time is a problem.